Platinum hits record high
Thursday, February 07 - 2008 at 07:13
Platinum hit a record high on Wednesday due to concerns about supplies from leading producer South Africa, reported Reuters. Other precious metals also advanced, with gold rising more than 1% to trade just below $900 an ounce and silver gradually moving towards recent 27-year highs. Spot platinum rose as high as $1,814 an ounce before easing to $1,805/$1,810 at 1240 GMT, against $1,770/$1,775 late in New York on Tuesday.
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Jeff Florian, Senior ReporterThursday, February 07 - 2008 at 07:13 UAE local time (GMT+4)
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