(Bloomberg) -- Platinum fell in London on speculation
that declines in the euro against the dollar may curb demand from
European manufacturers for the dollar-denominated metal.
Palladium also dropped.
Europe was the fastest-growing market for platinum last
year, paced by a 10 percent rise in demand from manufacturers of
car catalysts to reduce pollution, a report last week by London-
based manufacturer Johnson Matthey Plc showed. The euro fell 0.1
percent against the dollar today, adding to its 1.5 percent
decline this month.
Read more at Bloomberg Commodities News
that declines in the euro against the dollar may curb demand from
European manufacturers for the dollar-denominated metal.
Palladium also dropped.
Europe was the fastest-growing market for platinum last
year, paced by a 10 percent rise in demand from manufacturers of
car catalysts to reduce pollution, a report last week by London-
based manufacturer Johnson Matthey Plc showed. The euro fell 0.1
percent against the dollar today, adding to its 1.5 percent
decline this month.
Read more at Bloomberg Commodities News
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