January platinum has started the week off with a large gain, although prices remain well below their recent highs. Some traders feel that the platinum market may have difficultly fully recovering from Friday's intra-day plunge, which obliterated a large portion of last week's recovery bounce. Equity markets on both sides of the Atlantic are expected to go a long way towards helping platinum hold onto recent gains, as improved macroeconomic sentiment will likely be a requirement for prices to make any sort of longer-term rebound from these levels. The German Trade surplus during August was 13.8 billion Euros, higher than market expectations and may reflect stronger industrial platinum demand from German automakers.
Most Popular Slideshows
- Australia Bids Adieu to Adam Spencer's Mornings on ABC's "702 Breakfast" Show [PHOTOS]
- Top 10 Hottest Celebrities with Shocking Weight Loss (And Find Out Their Secrets!) [PHOTOS]
- Mars Curiosity Rover Photos: UFO Hunter Spots Strange 'Ruins,' 'Missile' [PHOTOS, VIDEO]
- Miranda Kerr Exposes Breasts to Crew, Wardrobe Malfunction 'Deliberate Accident?' [PHOTOS]