Platinum could struggle due to Nissan catalyst

Newswire

By Chikafumi Hodo TOKYO, July 31 (Reuters) - Platinum could struggle to post further gains in the longer term as its bull-run since early March appears to have been halted in its tracks by Nissan Motor Co.'s plan to use less of the metal in autocatalysts. Cash platinum rebounded about 1.6 percent on Tuesday, but investors were nervous about taking large buy positions after Nissan's announcement on Friday that it had developed a catalyst for gasoline cars that halves the use of precious ...

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