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Manufacturing

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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