Platinum prices surged on China's tax policy change, causing a gap between physical and futures markets. Supply concerns drive demand.
Gold prices dropped in their biggest decline since 2013, a day after notching new record highs. Silver futures, which ended ...
The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is up 6.27%, as of 9 a.m. The 52-week high reached $1,051.59 on May 31, 2024, and the 52-week low ...
Bloomberg News reported that the most recent squeeze comes after China removed a tax exemption for a state-owned giant that ...
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Beijing to Scrap Platinum Import Tax Rebate, Opening Market to New Entrants
China will end a two-decade-old platinum tax rebate for its state-owned importer, potentially opening the market for new ...
The pullback in the price of gold - turning a near 1% gain to a record high early Tuesday, into a 1% fall - is reverberating ...
IT was once common to describe the platinum price in terms of gold, the so-called gold-platinum ratio. Then came the global ...
Gold, silver, platinum, and palladium prices fell sharply today as investors booked profits and the dollar strengthened. Spot ...
China will phase out long-standing tax rebates on platinum and a range of other goods and services, a move that appears aimed ...
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