🔴 Impala Platinum is trading 6.4% down today as platinum-group metals remained under pressure

Impala Platinum is trading at $9.79, down 6.41%, amid continued weakness in platinum-group metals.

• Platinum-group metals came under pressure after the October 30 selloff, which Reuters linked to inflation and rate-hike concerns; on November 2, spot platinum remained down 0.2%.
• Quarterly group 6E output fell 3%, refined and saleable production fell 8%, and sales fell 6%; available reporting does not establish that the update caused the U.S.-traded shares’ move.