Platinum hits 25-year high

Platinum hits 25-year high

LONDON – Platinum prices set a new record yesterday on strong industrial demand and continued speculative buying, while gold paused for a breather after hitting a 25-year high the previous day.

Investors bet on platinum ahead of the Platinum Week in London starting May 15. Johnson Matthey, the world’s top distributor of the metal, will release its widely-circulated report during the week on market fundamentals and price trends.- Nampa-ReutersJohnson Matthey, the world’s top distributor of the metal, will release its widely-circulated report during the week on market fundamentals and price trends.- Nampa-Reuters

Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!

Latest News