Precious metals rise, boosted by safe-haven bid

Reuters Africa reports precious metals are rising in value as uncertainty continues due to recent events in Japan and the Middle East.

The article is quoted as saying,

Platinum XPT= rises by nearly 1.5 percent to $1,738.74 an ounce from $1,717.50, benefitting from the strength across the commodities complex, while palladium XPD= rallies 2 percent to $743.97 from $728.00 on Friday.

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