(Kitco News) -- Gold price traded above platinum last week for the first time since 2008, although platinum regained its crown soon after. Barclays Capital says gold?s price could push past platinum again because of its role as a commodity and monetary asset which makes it more desirable in the current economic malaise. Platinum is hampered by being dominated by industrial consumption. That won?t last forever, they say. ?Platinum?s fundamentals remain constructive longer term, thus platinum prices are likely to regain their premium on a sustained basis once the macro turmoil subsides,? they add.
