NYMEX PGMs plunge on weaker rand, equities selloff

摘要

The precious metals complexreversed course to the downside October 11,with the PGMs the hardest hit, driven lowerby a sharply weaker South African rand and aslumping equities market.NYMEX platinum from January delivery,the active contract, plummeted $15.60 toclose at $949.80/oz, while Decemberpalladium skidded $20.40 to $648.15/oz.