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Platinum rises above $1,600 due to strike

August 7, 2008 @ 1:08 am In Platinum Market News

Platinum briefly traded above $1,600 an ounce on Thursday, extending a 2 percent rally in New York, as national strike in South Africa forced mines and factories to shut gave rise to supply fears.

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[1] here: http://in.reuters.com/article/businessNews/idINIndia-34869420080807