Gold blows past platinum

  • Posted by Allan Lederman
  • On January 12, 2016
  • 0 Comments

Reversing late 2015 ‘s trend of platinum narrowing the gold-platinum spread , gold climbed to +250 over platinum and is holding for now. we expect this is the outer limit of the spread and should narrow shortly. To what is anyone’s guess, however 200-220 is reasonable. for those speculating on this spread the move from 170 to 250 was a nice move. Time to close out that trade.