jollyspeculator20 Apr 2013 23:33
The pressure on gold is due to a potential decrease in quantitative easing and therefore a reluctance to buy as a hedge, platinum isn't generally used in this way and if they are reducing quantitative easing its because of a 'belief' that the recession is ending, this in turn will be a positive for platinum for its industrial and jewelry consumption. Personally i think it will follow gold for a while and then the gap will widen with platinum rising in value.