Showing posts with label 1931. Show all posts
Showing posts with label 1931. Show all posts
February 26, 2015
UK, 1931
Citation: The Mining Magazine, Vol. 45 p.364
Platinum. — Prices continue to advance to counteract the depreciation in sterling, current quotations for refined metal being £11 7s. 6d. to £11 13s. 6d. per oz. Demand, however, is poor.
Palladium. — Quotations stand at about £4 15s. to £5 per oz. ...
... A fairly good enquiry has developed from users in this country, prices here at £95 for ingots and bars being below the international value of the metal, which remains at £85 gold.
February 25, 2015
Canada, 1931
"As a result the price of platinum fell from £22 an ounce in January to £13, 10s. in July. Unsettled conditions continued for nearly four years, so that with some fluctuations, the bottom price of $23 an ounce was reached in May, 1931. On the eighteenth of that month the price was raised to $27.50 and on June 8 to $40 an ounce."
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