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Platinum prices may witness sustained up-tick in 2H 2013: Barclays

Posted on 08 April 2013

Platinum is likely to make a sustained up-tick as the second half of the year unfolds, stated a recent market analysis by London based Barclays.
Challenged supply backdrop, reduction in net fund length and scope for improvement in underlying demand as the year unfolds would support platinum movement, the report added. In the recent days of trading, the PGMs were unable to escape unscathed, but counterpart of platinum, palladium suffered the smallest losses………………………………………..Full Article: Source


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