Xinhuanet new york165438+1October 22nd The price of platinum in the new york market fell sharply on the 22nd due to a large amount of selling platinum by traders.

Affected by the recent forecast made by Johnson & Matthew Company in the UK that platinum will be in short supply and the market rumors that platinum trading funds will be launched, traders once bought a large amount of platinum on the 20th of this month, and the price of platinum futures for delivery in the New York Mercantile Exchange on June 5438+ 10 next year rose by $42.20 per ounce. Subsequently, traders began to sell platinum, and the price of platinum also fell sharply. On the 22nd, the price of platinum futures for delivery on June 5438+1October next year in new york market fell by 65. 10 USD per ounce to close at 1 154 USD.

In addition, the price of gold futures for delivery in June 5438+February this year rose by 30 cents per ounce from the previous trading day to close at $629. The spot price of gold rose 60 cents per ounce to close at $628.70. Silver futures for delivery in February this year fell 4.5 cents per ounce to close at 13.04 USD.

At the beginning of 2006, the trend of platinum was good and the growth was weak. I believe it will float in a short time, but it is not obvious.