Platinum climbs to highest in almost six-and-a-half years
A rebound in the global economy is expected to stoke demand for the metal used in autocatalysts
16 February 2021 - 09:05
Bengaluru — Platinum prices soared to their highest in nearly six-and-a-half years on Tuesday, fuelled by the expectation that a rebound in the global economy would stoke demand for the metal used in autocatalysts.
Platinum, used in catalytic converters for vehicles, was up 2.3% at $1,333.02/oz by 3.35am GMT, but off the high of $1,336.50, its best level since September 2014...
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