Japan Housing Starts (YoY) came in at 8.8%, above forecasts (7.8%) in August

Research Team at Commerzbank, note that the Platinum prices are under more pressure than gold and shed a good 3% yesterday. The downswing is continuing this morning as platinum has dropped in price below $900 per troy ounce, hitting its lowest level since December 2008 and is under continuing pressure from the Volkswagen scandal.