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    market news

    Russia Sees January Rise in Platinum, Palladium and Gold Output

    Charlotte McLeod
    Feb. 20, 2014 11:35AM PST
    Precious Metals

    The Wall Street Journal reported that in January, Russia increased its output of gold, palladium and platinum by a respective 7.3, 4 and 40 percent.

    The Wall Street Journal reported that in January, Russia increased its output of gold, palladium and platinum by a respective 7.3, 4 and 40 percent.

    As quoted in the market news:

    Russia production of gold-containing concentrates increased by 7.3% on the year and the country’s gold output rose by 14.9%.

    The statistics agency doesn’t give volumes in tons, only percentage change.

    The country’s production of palladium and palladium-containing alloys increased by 4%, while production of platinum and platinum-containing alloys went up by 40%.

    Click here to read the full report from The Wall Street Journal.

    production of goldmarket newsrussia
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