Platinum Group Metals Price Bulletin - 21st December 2009 to 25th December 2009
Johnson Matthey London Base Prices at 0800 hrs, $/oz:
| Pt | Pd | Rh | |
| Monday 21st December | 1433 | 367 | 2475 |
| Tuesday 22nd December | 1417 | 365 | 2475 |
| Wednesday 23rd December | 1398 | 355 | 2475 |
| Thursday 24th December | 1455 | 372 | 2475 |
| Friday 25th December |
Precious metal prices were under pressure for much of the week as the dollar strengthened on comforting economic data. The tide turned on Thursday as, amid renewed dollar weakness, platinum and palladium led a rally following rumours that the Securities and Exchange Commission had cleared the way for US based platinum and palladium ETF's. The applicant, ETF Securities, declined to comment, however, saying it was in a "quiet" period and that no date for commencement of trading had been decided.
There will be no JM Base Prices on 25th and 28th December.
Happy holidays everyone!
Platinum
Palladium
Rhodium
Johnson Matthey,
Orchard Road,
Royston,
Hertfordshire SG8 5HE,
United Kingdom
