Precious Metals

CNBC reported a rise in spot platinum to 1.9 percent.

CNBC reported a rise in spot platinum to 1.9 percent.

As quoted in the market news:

Spot platinum was up 1.9 percent at $1,712.99 an ounce in an eighth straight session of gains, supported by news South African police fired tear gas at striking miners near the Rustenburg operations of the world’s top platinum producer, Anglo American Platinum.

South Africa holds around 80 percent of the world’s platinum reserves.

Click here to read the full CNBC report.

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