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    Platinum Advances On Supply Worries

    Investing News Network
    Aug. 20, 2012 10:29AM PST
    Precious Metals Investing

    Bloomberg reported platinum reached a new high as it outperformed gold on concerns violence in South Africa will curb supply.

    Bloomberg reported platinum reached a new high as it outperformed gold on concerns violence in South Africa will curb supply.

    As quoted in the market news:

    Platinum added as much as 0.3 percent to $1,479.12 an ounce, the most expensive since July 5, before trading at $1,478.62 at 1:54 p.m.

    Click here to read the full Bloomberg report.

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