Skip to main content

On the charts, platinum has a mixed, but improving technical profile. Intermediate trend is neutral. However, platinum bottomed in mid-December at $1,311.70 (U.S.) and recently moved above its 20- and 50-day moving averages. Last week, platinum started to outperform equity benchmarks, including the S&P 500 index and S&P/TSX composite index, and its intermediate downtrend was broken. A move above $1,481.30 will establish an intermediate uptrend.

Report an error

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨