Precious Metals & Bench/Data & Statistics
Demand Pushes Platinum Higher
Gold and silver commodity prices maintain levels
Gold prices continue around $280 per ounce, where theyve been for most of the past year. With manufacturers now buying the gold theyll use for holiday orders, you can plan to promote gold jewelry at prices similar to last years.
With the exception of a brief plunge when a Russian producer announced it would resume shipments, the price of platinum remains about $150 higher than last year because of high demand and limited supply.
Except for a brief runup in late January-early February, silver prices have ranged very close to $5 per ounce this year. If you havent taken advantage of the increasing amount of well-designed silver jewelry available, this could be the year.