by Frank E. Holmes
– The best performing precious metal for the week was platinum, up 0.94 percent. This is the second week platinum has led the precious metals group, with gold coming in as the second-best performer, up 0.46 percent. In Zimbabwe which has significant platinum group metal mines, a deadline for all firms to transfer most of their shares to black Zimbabweans has passed with the close of the quarter, but it is now clear how many companies have complied.
– Gold is had its best quarterly rally in 30 years, reports Bloomberg, as demand for haven assets continue to surge.