
Platinum Price Surges to 11 Year High, Breaks US$1,400
The platinum price surged above US$1,400 per ounce during Thursday (June 26) morning trading, reaching its highest level in 11 years amid a wave of speculative buying in the US and China. In the US, industrial demand for the metal is rising as American carmakers scale back their electrification plans. At the same time, new…