(Bloomberg) -- Platinum gained in Asian trading as research reports predicted rising demand for the metal will help to push up prices. Tokyo futures for platinum and palladium rose.
Platinum will rise to a record this year as demand for its use in auto emission control parts, or catalysts, spurs optimism, GFMS Ltd., a London-based precious metals researcher, said yesterday. Demand for use in cars rose 6.5 percent to a record last year for platinum and 7.8 percent for palladium, GFMS said.
Read more at Bloomberg Commodities News
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