24.09.2015 - Platinum Falls to Near Seven-Year Low on Volkswagen Scandal
The price of platinum, widely used in diesel car engines, could fall below $900 a troy ounce for the first time since the financial crisis in the wake of the emissions scandal at Volkswagen AG, according to some metals investors and analysts. Spot platinum fell heavily on Tuesday and hit a near seven-year low on Wednesday at $929.08 a troy ounce, before recovering slightly to $932.25, as some questioned whether the affair would have a lasting effect on demand for diesel cars...............................................Full Article: Source
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