Platinum experienced volatile trading as the week started and closed on Monday near the $2,150 price mark. The recent rebound of the precious metal is supporting its price, though further gains are being tempered by a spike in oil prices, a rebounding dollar and stronger yields on U.S. Treasuries.
The supply side of the metal is concentrated in one region, and persistent deficits on global markets are something to watch as one works out the magnitude of the current headwinds slowing the upward price movement of platinum. Enterprises like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) will…
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