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.
Sheet metal refers to thin, flat pieces of metal that are formed through processes such as rolling, stamping, or pressing.
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 ...