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Industrial, jewelry demand bolster platinum ETFs

Posted on 13 November 2013

Platinum prices could strengthen as the market experiences a growing disparity between supply and increased global demand in autocatalyts, jewelry and exchange traded fund investments.
Johnson Matthey, a precious metals refiner, estimates that gross demand for platinum could hit a record 8.42 million ounces this year, or up 4.8% year-over-year, due to strong industrial and South African investment demand, reports Neil Hume for Financial Times………………………………………..Full Article: Source


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