UPDATE 2-Platinum may set new record at $2,400 in 2008-GFMS

Newswire

(Updates with quotes, detail after report release) By Atul Prakash LONDON, April 24 (Reuters) - Platinum could spike to a record high of $2,400 an ounce this year as the investment climate is positive and fundamentals remain strong, metals consultancy GFMS Ltd. said in a report on Thursday. Palladium was likely to trade in a range of $400-$550 an ounce in 2008, as demand from autocatalyst and jewellery makers improved, GFMS said in its Platinum and Palladium Survey 2008. Both ...

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