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Platinum hits 6-week high on South Africa tensions

August 20, 2012 Comments Off on Platinum hits 6-week high on South Africa tensions

August 20, 2012, 12:50 pm

By Jan Harvey
LONDON (Reuters) – Platinum prices hit their highest since early July on Monday after an outbreak of violence in major producer South Africa sparked a 5 percent rally last week, fuelling the metal’s biggest week-on-week rise since February.

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