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Platinum Group Metals

Posted on March 29th, 2011 by Administrator

Platinum Group Metals
Platinum is trading at $ 1,738.50/oz, palladium at $ 736/oz and rhodium at $ 2,350/oz. (Bloomberg) — Goldman Says ‘Good Time’ for Producers to Begin Gold Hedging Goldman Sachs Group Inc. said it is a “good time” for gold producers to begin “scaled-up” hedging of forward production, particularly for next year and beyond.
Read more on GoldSeek.com

Massive Raw Gold Shortage Reported in China
Gold and silver are lower again today with short term momentum traders taking advantage of recent weakness and capping of the gold price at record nominal highs.
Read more on Resource Investor

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