The platinum market has put together a sizable move higher during early Monday US trading. Some traders are suggesting that platinum is trading higher due to the carryover strength in gold, while other traders suggest that platinum continues to receive support from recent US Fed statements. The platinum market might be getting some additional support from news of lower 2012 output projections from a major platinum mining company, but that company's price projections would allow for a significant market correction as well as only projecting marginal additional gains during the near future.