Impala rose on speculation about bid from BHP Bilton
Shares of Impala Platinum, world’s second-biggest platinum producer, surged in Johannesburg trading on speculation that BHP Bilton could make a bid to acquire the company. Garth Mackenzie, head of...
View ArticleUS platinum slips on dollar’s rebound,Tokyo platinum up
Platinum prices slipped on Monday as the U.S. dollar resumed its rebound against the euro and the pound. Platinum is often used by investors as a hedge against a weakening dollar, so the dollar's...
View ArticlePlatinum jumps amid speculation about industrial purchase
Platinum futures jumped for a fourth day in Tokyo amid speculation that carmakers and other industrial users were buying the metal to take advantage of the declining prices. Ralph Preston, a futures...
View ArticleBattered platinum gets some relief
Platinum prices advanced further Tuesday after surging oil prices boosted the precious metal’s appeal as a hedge against inflation. Overall weakness in the dollar, the recovery in equities and fresh...
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