Commodities: Platinum Falls

SMH reported on commodities trading on Monday as platinum prices dipped 0.6 percent.

As quoted in the market news:

Platinum and palladium prices retreated. Both metals are widely used in car exhaust filters and other industrial applications, and ongoing concerns about that slower global growth would pressure demand continue to weigh on prices.

Nymex platinum fell 0.6 per cent to $US1,414.50 a troy ounce while palladium settled down 1.5 per cent at $US576.10 a troy ounce.

Click here to read the full SMH report.