Reuters reported platinum prices edged higher on Tuesday trading at $1,689.75 an ounce.
As quoted in the market news:
Platinum edged higher, rising 0.2 percent on the day to $1,689.75 an ounce.
There was no sign that the unrest that has swept through South Africa’s platinum belt was easing. Nearly 100,000 workers are on strike in the country and 75,000 of those work in the mining industry.
Several operations belonging to world number one producer Anglo American Platinum remain shuttered, along with facilities belonging to other smaller miners.
“South African Platinum Supplies Are Declining. What Should Investors
Do To Profit From This Trend?”
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