Choices.

[Sherabnamdhak]

With Gold sitting at £950.00 on the spot market and Platinum sitting at £668.75 per oz. Should you consider diversification into the platinum coin market. Currently a 1 oz Britannia will run you £974 approx but a 1oz platinum Britiania is £721 approx a difference of £253 this is of course on the bullion market RM. My point is with everyone and their auntie whining about the price of silver and it’s potential meteoric rise just around the corner which by the way may not appear all that soon and everyone stacking like squirrels for winter ❄️ have we forgotten about Cinderella. As the precious metals market rises might there be a profit to be made.. just a question. 

[Scuzzle]

Is Platinum and Palladium not highly dependent on automotive use for a significant portion of it's price movement?  And is that not currently not a little slow?

[Pete]

Good luck in purchasing a platinum ounce without the 20% VAT which you immediately loose selling back to any dealer.
Gold buyback is typically 2% below spot but check Platinum as the last time I looked it was over 10% below spot.
Puts me off Pt altogether but why its price has fallen so much is not clear.
If you want to speculate on commodities best buy cocoa beans.

[Thelonerangershorse]

Goldsilver.be has 1oz Pt brits for £712 with no vat.

 

[Oystonousted]

16 minutes ago, Thelonerangershorse said:

Goldsilver.be has 1oz Pt brits for £712 with no vat.

 

That’s a good price. So spot would need to go up to around £800 for you to break even if you sold back to a dealer in the future?