Wednesday, May 2, 2007

Platinum Falls as Demand Slows in Japan Due to Holiday; Palladium Rebounds

(Bloomberg) -- Platinum fell in London as demand in Japan slowed because of holidays.

Japan was the biggest market for platinum jewelry and glass applications last year, accounting for 18 percent of total demand, a report last week from London-based research company GFMS Ltd. showed. Markets in Japan have been shut since two days ago and will be closed tomorrow and May 4 for the ``Golden Week'' holidays.


Read more at Bloomberg Commodities News

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