Friday, February 25, 2011

April platinum settled up $16.60 on the day at $1803.40. That leaves a good $33.00 cushion above the three-month support level of $1770 after bouncing off of it twice. Recoveries in the stock market and industrial copper helped platinum as well. Indeed, today was a good buy day and Monday should be also.

Put some platinum and palladium into your pool accounts this weekend, brothers and sisters. They’re going higher.

Apr platinum $1,803.40, up $16.60; Range $1,783.30-$1,808.00
Mar palladium $785.45, up $7.70; Range $774.30-$789.55
Apr gold $1,409.30, down $6.50; Range $1,400.10-$1,412.40
Mar silver $32.898, down 26.8 cents; Range $32.035-$33.150

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