The collapse in stock markets is corrected by growth in the precious metals market

09 February 2018, 08:08 | Business
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The precious metals market expects demand to shift from palladium to platinum already in the first half of 2018. This forecast was made by analysts of the Plaurum group of companies. In the market of precious metals in January 2018 there was a strong increase in prices. The leader in appreciation was platinum. Its price increased by 10%, to $ 1,100. The remaining precious metals are added at a price of 5-7%. The price of palladium in January of this year again showed growth and was $ 1133. Today, this metal can be purchased for $ 1,025 per ounce.

Recall that in recent days on international exchanges, securities have fallen sharply in price, and there has also been a collapse in the indices. The world's largest indices fell by 4-7%. These processes succumbed to the Asian markets. Also strongly lost in the price and bitcoin. The owners of this asset began to get rid of the virtual currency. Its value as of February 6 was $ 6223. The losses were 23.75% only for the previous day.

Original article: The collapse in stock markets is corrected by growth in the precious metals market.




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