Tuesday, 4 August 2015

Platinum drops to multi year lows; sank 1.7 per cent since Jan 2009

Platinum and palladium sank to multiyear lows on increasing production from South Africa and amid a slowdown in China. Gold and silver gained, reversing losses. Platinum sank as much as 1.7 per cent to US$945.24 an ounce, the lowest level since January 2009, and traded at US$950.93 at 3:02 pm in Singapore....
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