29.02.2012 - Jewelers desire platinum for Asian buyers after gold vaulted
Platinum is luring jewelers away from gold after investors’ purchases of bullion to escape market turmoil pushed prices to records. Gold surpassed platinum as the most expensive metal used in jewelry in August for the first time since December 2008. Gold demand from jewelry makers dropped 3 percent last year, according to the World Gold Council. Platinum use climbed 1.8 percent, according to an estimate by Johnson Matthey Plc (JMAT), a global marketer and distributor of the precious metal...............................................Full Article: Source
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