January 16, 2009. Ruthenium opened on the EIB at US$85/toz today. The bling PGM’s Au, Ag, and Pt have been twittering upwards of late. Pd prices have been up slightly as well. By contrast, the industrial PGM’s Ru, Rh, and stoic Ir have been in a general price decline. Rhenium and Osmium remain perpetually fixed at US$4500/lb and US$400/toz, respectively.

Demand for physical gold continues to be strong around the world. Some say to look for gold prices to rise if buyers of US debt decide to diversify into gold as a hedge against instability in the US economy.