Monday, June 25, 2007

Platinum Futures Drop in Tokyo; Spot Price Up on South Africa Wage Talks

(Bloomberg) -- Platinum futures fell in Tokyo as
the Japanese currency strengthened against the dollar. Metal for
immediate delivery gained on concern wage talks in South Africa,
the world's biggest producer, will lead to supply disruptions.

The yen increased to 123.45 per dollar at 12:10 p.m. in
Singapore from 123.67 late in New York yesterday, after reaching
a 4 1/2-year low of 124.13 on June 22.


Read more at Bloomberg Commodities News

1 comment:

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