ENTITY

Platinum (PLATINUM COMDTY)

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Analysis
Materials • United 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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•04 Jul 2022 12:47•Syndicated

The Commodity Report #58

The benchmark, CRB Commodity Index, ended the week 1,2% lower. The news of the week was probably that the Atlanta FED changed its GDP now forecast...

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bullish•Gold
•07 Mar 2022 13:31

Gold Highs in Sight

The clear breakouts in Gold, Silver & Platinum all point to higher levels ahead as it becomes clear that inflation can not be tackled in this...

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bearish•Copper
•05 Sep 2021 13:15

Metals Re Short/Breakout Levels

Recent shorts in metals did meet if not exceed downside targets at copper 4.0, palladium 2,350 with platinum still contending with triangulation....

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bearish•Copper
•23 Aug 2021 08:52

Metals Short Targets Met - Red Flag

Call to short base metals saw a sharp decline and met key tactical targets with bounces viewed as a fresh selling opportunity. What is more...

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bearish•Gold
•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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