May 11, 2008
Platinum hits 2-week high, gold steadies on dollar
“Automobile makers start to buy, therefore price will increase rapidly. By the end of May, the price may be $2,100”
Platinum jumped to its best level in two weeks on Friday on speculative buying ahead of the launch of new platinum exchange-traded notes, while gold held near a 1-week high on a surging euro. via Reuters
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