Platinum seen firm in 2003, palladium weak-Matthey

Newswire

By Clare Black LONDON, May 19 (Reuters) - Platinum demand and prices will remain strong in 2003, in contrast to ever weaker prices for its sister metal palladium, precious metals refiner Johnson Matthey (JM) said on Monday. "With physical availability of metal remaining tight, JM forecasts that platinum will trade between $590 and $690 an ounce for the rest of 2003," JM said in its Platinum 2003 review. Spot platinum , widely used in jewellery and autocatalysts, was trading at around ...

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