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<p>[QUOTE=&quot;Ginger1, post: 1994592, member: 72388&quot;]Platinum is similar to silver in that it&#039;s considered both a precious and industrial metal that&#039;s found in a number of different products. It will generally trade at a fairly high price, says Lydon, because it has a rather strained production line. Currently, platinum is trading around $1,500 per ounce. Platinum and palladium are used extensively in the production of cars, primarily for catalytic converters, so their performance is fairly dependent on global car production and sales.[/QUOTE]</p><p><br /></p>

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