(Bloomberg) -- Platinum rose to a one-week high in London as declines in the dollar spurred demand from manufacturers. Palladium rose a second day.
Platinum has climbed 14 percent this year as the dollar declined about 2 percent against a basket of six currencies including the euro, yen and the pound. Automobile companies account for more than half of platinum demand, used in catalytic converters to reduce harmful emissions.
Read more at Bloomberg Commodities News
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