Precious metals experience mixed fortunes

摘要

Platinum or platinum alloys are often used in the melting, mixing, transfer and forming of glass. The metal has properties ideal for use in the glass industry, such as resistance to corrosion, strength and the ability to withstand high temperatures. In fact, it is often cited as one of the materials most resistant to the aggressiveness of molten glass. According to the Natixis Commodity Markets report published in August consumers, traders and producers are having to adapt to ever higher price levels for platinum. Prices in the second quarter rose by 9 percent to average a new record of 1,290 dollars per oz. Meanwhile, palladium - a member of the platinum group - rose by 7 percent with an average price of 368 dollars, the highest it has been in five years.