Precious metal market analysts were caught up in a conflict of opinions in the last week over the next moves in platinum group metals, silver and gold prices.

Looking at gold, the catalyst for the sector, we read of projections of a gold price over $2000 an ounce by the end of the year at one end of the scale down to $650´ish at the other.

Lets start the coming week off with platinum as it continues to record all time highs. After finishing off last week at over $2000 an ounce, Monday morning trading on the Tokyo Commodity Exchange saw yet another peak reached as South Africa’s energy woes continue to hit supply expectations.