News

Gold and Platinum touch unexpected highs

Demand for platinum seems to be growing

diamond world news service

The insecurity on metal supplies after the recent power shortage and suspension of mining activities in South Africa has affected the price f gold and platinum to reach unthinkable highs. Spot gold touched $923.40 an ounce on Friday, and platinum stood at $1,697 an ounce. Industry analysts say that gold may repeat a new high of around $925. The demand for platinum seemed to be on the rise.


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