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Platinum's problems pre-date Volkswagen

Platinum prices slipped below US$900 per ounce on an intraday basis at the end of September for the first time since early December 2008. Platinum prices, which already had been falling sharply since late 2011, took a further beating after Volkswagen’s diesel vehicle emissions violations were revealed in September 2015.

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Into the abyss ... The diesel passenger car market has been under pressure for several years

Into the abyss ... The diesel passenger car market has been under pressure for several years

Catalysts fitted to diesel vehicles are platinum intensive. The markets fear that the present scandal at Volkswagen will kill demand for diesel vehicles and significantly hurt the platinum market, in which...

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