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Supply fears fuel platinum and palladium

Posted on 18 January 2013

Palladium prices rose to the highest in 16 months while platinum touched $1,700 a troy ounce for the first time in three months as supply-side problems buoyed the white precious metals.
The announcement on Tuesday that Anglo American would shut down platinum mines with total capacity of 400,000 ounces a year – or 7 per cent of global capacity – has reinvigorated investor interest in the markets for the so-called “platinum group metals”………………………………………..Full Article: Source


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