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    Platinum Futures Climb To Six-Week High

    Investing News Network
    Aug. 17, 2012 12:10PM PST
    Precious Metals Investing

    Bloomberg reported platinum futures rose to a six-week high as violence shutdown South Africa’s Marikana platinum mine.

    Bloomberg reported platinum futures rose to a six-week high as violence shutdown South Africa’s Marikana platinum mine.

    As quoted in the market news:

    On the New York Mercantile Exchange, platinum futures for October delivery rose 1.5 percent to $1,457 an ounce. Earlier, the price reached $1,464, the highest for a most-active contract since July 6.

    Click here to read the full Bloomberg report.

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