"...investors weighed signs of increasing physical demand against the outlook for less U.S. stimulus. Platinum rose to the highest since November on prospects for strikes in South Africa.
"Strong demand from China continues to offer support on the downside but in our view, the strength of this buying is unlikely to last much beyond the Lunar New Year” at the end of this month, Barclays Plc wrote in a report today."
Sure this is a nice move up since the recent lows, but there is a very long way to go in order to even consider making up for the drastic losses in 2013. There are going to be further bumps along the way so slow and steady wins the race.