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Margins are being increased by 19% on Comex 100-troy ounce gold futures contract.
FORBES: World Events Tell Us That Gold And Silver Have Lower To Go
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In order to get one troy ounce of platinum, it takes ten tons of ore, which is generally mined in miserable conditions.
FORBES: Buy Platinum and Sell Gold
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Gold futures fell slightly, down 30 cents, or 0.02%, to 1, 723 a troy ounce, while crude-oil prices gained 2.24, or 2.3%, to 100.91 a barrel.
WSJ: Blue Chips Gain 73 Points
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Gold futures rose 9.70, or 0.6%, to 1, 756.80 a troy ounce.
WSJ: Blue Chips Slump
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Gold lost 7.10, or 0.4%, to 1, 715.90 a troy ounce.
WSJ: Dow Claws Back Into the Black