Platinum rose to a 6-month high on demand outlook

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Fri, Apr 10, 2009
Platinum Market News
Post by Melissa Pistilli, Platinum Senior Reporter

Platinum rose to a six-month high in London on speculation that improving auto sales and a potential new exchange-traded fund will rise demand for the metal.

Afshin Nabavi, a senior vice president at MKS Finance SA, stated:

News on the potential ETFs and of course car sales data out of China.

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