The price of platinum futures listed at the New York Mercantile Exchange, part of the CME Group, has been declining steadily since it hit a peak of $2,221 an ounce on May 21. It hit a one year low of $790.10 on November 20 but it has since risen slightly and closed at $869.70 on November 26.
Suki Cooper, a precious metals analyst at Barclays Capital, said that the focus of concerns relating to platinum has “changed 180 degrees”...