While prices for gold and silver drift lower, platinum's premium to gold surged to a 17-month...

|By:, SA News Editor

While prices for gold and silver drift lower, platinum's premium to gold surged to a 17-month high on concern supply may fall after Zimbabwe's government seized land from the country’s biggest platinum producer Zimplats, majority owned by Impala Platinum. Commerzbank analysts expect further production outages which could increase the platinum supply deficit on the world market.