| 23.01.2009 - Platinum heads for second weekly fall as recession cuts demand |
| From Bloomberg: Platinum fell, heading for a second weekly decline, on concern about waning demand as the global recession deepens. General Motors Corp.’s 2008 sales dropped 11 percent, and Toyota Motor Corp.’s declined 4 percent as the economic slowdown curbed sales. Most platinum and palladium consumption is for catalytic converters to filter gasses in engines..... Full Article: Source |