ENTITY

Platinum (PLATINUM COMDTY)

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Analysis
MaterialsUnited States
Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, gray-white transition metal. Its name is derived from the Spanish term platina, which is literally translated into "little silver". Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.
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bearishGold
11 Aug 2021 10:59

Short Metals Targets

Our macro view remains USD bullish and bearish metals with copper as a tactical bounce play. A USD and yield dip will set up shorts in metals after...

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bullishPlatinum
13 Jul 2021 11:46

Platinum: Bullish Break

Precious metals continue to hold up and the recent break on Platinum only adds to the bullish stance. Further short term gains are expected on all

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06 Jul 2021 12:49

Time for Precious Metals to Shine Again

The USD is beginning to come on the back foot again while long end yields refuse to rise. This combination sets the scene for precious metals to...

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bearishCopper
23 May 2021 11:56

Crowded Commodities the Next Domino

Metals and commodities show signs of a tactical exhaustive top and somewhat crowded positioning. A shakeout is in store. A risk off cycle combined...

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15 Feb 2021 11:03

As the Sun Rises - Bonds, South Korea, Oil, India, USD

Cross market & price action developments to note at the start of the week across global markets with particular focus on Asia - Currencies, Bonds,...

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