(Bloomberg) -- Platinum fell in London on speculation
carmakers, the biggest users, will seek cheaper alternatives.
Palladium rose.
Platinum is more than three times the cost of palladium.
Carmakers, the biggest consumers of both metals to reduce
pollution from tailpipes, switched to using more platinum after
palladium prices soared to a record in 2001.
Read more at Bloomberg Commodities News
carmakers, the biggest users, will seek cheaper alternatives.
Palladium rose.
Platinum is more than three times the cost of palladium.
Carmakers, the biggest consumers of both metals to reduce
pollution from tailpipes, switched to using more platinum after
palladium prices soared to a record in 2001.
Read more at Bloomberg Commodities News
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