Gold & Platinum Now Same Price

Discussion in 'Bullion Investing' started by SD51555, Oct 16, 2014.

  1. SD51555

    SD51555 Active Member

    Platinum just fell below the price of gold. I'm on high alert to be ready to trade some gold half ounce rounds in for some platinum half ounce eagles. I'm shooting for perfect trade, but I'll throw in a few bucks if I need to, to make it happen.

    Just an idea.
     
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  3. Aidan_()

    Aidan_() Numismatic Contributor

    Wow. Such a low price.
     
  4. zvezdah1

    zvezdah1 Member

    How on earth is platinum at parity with gold ???
     
  5. Hotpocket

    Hotpocket Supreme Overlord

    Markets are taking a beating, people dumping everything (including PMs) for cash I think...

    "Prices for gold and other precious metals fell Thursday, as a sell off in equity markets pushed nervous investors into the dollar amid global growth concerns. Gold for December delivery, the most actively traded contract, was recently down $6.50, or 0.5%, to $1,238.40 a troy ounce. Silver fell 0.9%, to $17.295 a troy ounce. Among other precious metals, spot platinum fell 0.6 percent to $1,246.50 an ounce, briefly trading at parity with gold. Platinum's value is usually higher than that of gold."
     
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