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Mineweb reported platinum has narrowed the gap to gold to only $16 in the past weeks.
Mineweb reported platinum has narrowed the gap to gold to only $16 in the past weeks.
As quoted in the market news:
Indeed platinum’s fundamentals are looking pretty good at the moment. With U.S. auto sales rising again, and Chinese auto demand remaining huge, alongside the latter country’s efforts to improve the environment, autocatalyst usage looks set fair again. Jewellery demand in China and Japan in particular, but also in India, appears to be on the rise too.