Confused about Platinum

Cavehill Red

Gold's risen notably this year, Silver spectacularly so.

By comparison, Platinum has made only a relatively modest 14% or so.

Assuming that the PMs market is not yet bubblicious or overbought, does this indicate that Platinum is a relative bargain? Is PT underbought, or is it simply not of interest to most PM investors?

What factors might be influencing the relative sluggishness of PT in comparison to its cheaper compadres, Gold and Silver?

dunkamania

Cavehill Red wrote: »

What factors might be influencing the relative sluggishness of PT in comparison to its cheaper compadres, Gold and Silver?

Supply & demand

Cavehill Red

Not on the supply side. It's very tight:

http://www.suite101.com/content/platinum-demand-likely-to-outpace-supply-a186871

http://www.commodityonline.com/news/South-African-supply-concerns-to-underpin-platinum-34789-3-1.html

WildBoots

Cavehill Red wrote: »

Gold's risen notably this year, Silver spectacularly so.

By comparison, Platinum has made only a relatively modest 14% or so.

Assuming that the PMs market is not yet bubblicious or overbought, does this indicate that Platinum is a relative bargain? Is PT underbought, or is it simply not of interest to most PM investors?

What factors might be influencing the relative sluggishness of PT in comparison to its cheaper compadres, Gold and Silver?

Historically, gold and silver have been viewed as forms of money...platinum hasn't. It just doesnt have the safe haven appeal that gold and silver have. Yes it's a precious metal, but so is palladium.

Cavehill Red

Good point. I should probably go and have a look at palladium and rhodium performances.