Tuesday, July 13, 2010

The past five sessions have seen notable gains in the S&P 500 index without, so far, significant follow through in Platinum. The copper market is also lackluster. If economic optimism continues we would look for platinum to return to the middle of the last two month’s trading range at the $1550 level.

Oct platinum $1,535.40, up $20.10; Range $1,510.00-$1,538.80
Sep palladium $469.15, up $15; Range $453.40-$470.50

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