Platinum Group Metals Price Bulletin - 28th December 2009 to 1st January 2010

Johnson Matthey London Base Prices at 0800 hrs, $/oz:

 PtPdRh
Monday 28th December   1488   387   2475
Tuesday 29th December   1490   390   2475
Wednesday 30th December   1476   390   2475
Thursday 31st December   1475   402   2500
Friday 1st January         


The precious metals complex benefited from a weaker dollar and year-end bargain hunting. Gold sentiment softened as the dollar gained back some ground but the market remained bullish on platinum and palladium as a result of the SEC approval of the NY Arca exchange application for platinum and palladium ETFs in the US. Platinum approached the $1,500 level before following other equities lower, whilst palladium maintained its momentum to edge above $400 before year end.


Platinum


Palladium


Rhodium



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