About Perth Mint Bullion Blog

This blog discusses The Perth Mint's bullion coins and bars, providing information about our latest designs, mintages, sales volumes and sell outs. On a broader front, we share relevant research and opinions for anyone interested in gold and silver bullion investing.

Our Blog Disclaimer.

Our Comments Policy.
Our Copyright Policy.

Our Visions, Our Values.

Perth Mint Bullion BlogSubscribe
« Back to full list

Platinum Gains 20 Per Cent

Topics [ Australian Platypus platinum bullion coin platinum prices ]


Platinum climbed for a fifth day on Tuesday, its longest run of gains since October 2011, driving the price higher than gold for the first time in six months.

The white metal has gained more than 20 per cent since the start of the year, driven by supply disruptions in South Africa, the world's largest producer.

Platinum is now enjoying a premium of around $30 to gold, with spot metal down on Tuesday’s high of US$1,687.50 an ounce.

Chart: Platinum Today

Bullish on Platinum

Nic Brown, head of commodity strategy at Natixis told Reuters his firm was “ragingly bullish” on platinum, stating lacklustre demand from the European auto market could be offset by jewellery demand in Asian countries such as Japan and China.

Telephone Sales

The Perth Mint released a new 99.95% pure platinum coin for investors in 2011. With a limited mintage of 30,000, the initial 1oz Australian Platypus is sold out.

A 2012-dated version, issued last December, has sold approximately half its mintage.

The 2012-dated Australian Platypus 1oz platinum bullion coin is available from our Bullion Desk during trading hours on the following number:

•   1300 201 112 Australia Only (local call cost)
•   +61 8 9421 7218 International Callers

The coin is also available from The Perth Mint Shop and your authorised Perth Mint bullion coin distributor.

Blog DisclaimerComments PolicyCopyright Policy

Comment »