Precious Metals

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

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.

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