Platinum Output Down 17.8 Percent For The Year

Reuters reported platinum output from South Africa is down 17.8 percent pushing prices higher.

As quoted in the market news:

Platinum output, which has been hit heavily by strike action this year, fell 17.8 percent. South Africa is the source of around three-quarters of the world’s platinum supply.

Spot platinum was up 0.05 percent at $1,539.74…

Click here to read the full Reuters report.