Platinum, like silver, is primarily used as an industrial metal. It's essential for the automotive industry, which uses it to make catalytic converters that help reduce emissions from vehicle exhaust.
The upcoming U.S. election is expected to be the dominant factor driving metals market sentiment in the near term, BMI (a unit of Fitch Solutions) said, as traders remain wary of the impact on ...
Streible expressed concern over the weakening trend in the precious metals market, citing a range of factors contributing to the downward pressure. As he noted, "The gold market is trading at the ...