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Platinum Surges.

A weaker yen this morning has triggered a rally by platinum during Asian trade, taking the metal to $882 after starting the day at $870. Yesterday the metal traded $865-72. Despite this mornings gains the less favourable fundamentals are likely to mean this is a blip with the metal quickly working back into the recent $825-75 range seen since August.


Posted by Barry Gutwein on February 1, 2005 6:10 AM in Precious Metals | Comments (11)

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