In the Press
Media coverage of BullionVault

Platts: BullionVault and WPIC to Launch Platinum

LONDON, 27 July 2016 – World-leading gold and silver market BullionVault is partnering with the mining-industry backed World Platinum Investment Council to launch low-cost, platinum trading and ownership reports data and new agency Platts today.

The new platinum choice – to be launched in the fourth quarter of 2016 – "will be offered alongside BullionVault's existing online gold and silver offerings," says Platts, and "sold in the form of London Platinum and Palladium Market (LPPM) good-delivery bars, with vaulting locations in Switzerland.

Based in London and launched by 6 of the world's largest platinum mining companies in 2014, the WPIC "promotes platinum-group metals to industry and investors," the report goes on.

BullionVault "is the world's largest private, online marketplace for trading precious metals [where] users currently own $1.5 billion in gold and $360 million in silver," it adds.

To learn more about today's announcement – also reported by South Africa's Business Day, Creamer's Mining Weekly, and specialist subscription service Metal Bulletin amongst others – see Platts' full story here:

WPIC, BullionVault to offer physical platinum marketplace

Source: 
Platts