Standard Bank sees higher platinum price in 2003

Newswire

LONDON, Feb 27 (Reuters) - Tighter vehicle exhaust emission standards and growth in demand for diesel cars will keep prices of platinum buoyant in 2003, Standard Bank London said on Thursday. Although supplies from top producer South Africa are set to increase, physical availability of the precious metal will remain tight after four consecutive years of deficit, the bank said in its annual Platinum Yearbook. Standard Bank forecast that platinum would trade between $580 and $720 an ounce ...

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