Platinum is gaining momentum

Platinum got highest point in a while as supply worries are driving price high. Platinum is used in car production in systems which limits the emissions and with new stricter EU regulations demand for this metal will go higher. With only limited supply this might be a problem. According to senior analyst of ABN Amro Bank NV, this together with weakening dollar is driving price high and it could continue in this way. (Spence, Bloomberg)

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