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Rising demand, disrupted supply: Platinum breakout rally rides on shortage

Unlike yellow metal, platinum tends to have a positive correlation with equities

Topics
Platinum demand in India | Gold Prices | Precious metals

Sanjay Kumar Singh  |  New Delhi 



Rising demand, disrupted supply: Platinum breakout rally rides on shortage
With gold becoming expensive, many consumers may shift to platinum jewellery

Platinum closed above the $1,300-per ounce mark on February 15 after a gap of more than six years. Its rally has outpaced gold over the past year.

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First Published: Fri, February 19 2021. 06:10 IST

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