Platinum futures surge on Eskom worries, gold/ratio trade

摘要

Washington—Platinum futures jumped nearly 10% lastnweek on a combination of factors that dramatically narrowednits price ratio to gold.nNYMEX platinum for April delivery, the active month,nsettled the week $80.60/oz higher at $1,488.80/oz, nearlyn6%, while platinum on the London Platinum and PalladiumnMarket fixed in the afternoon on January 13 at $1,4.79/oz, angain of $69 or 4.9% from the January 6 PM fix.