Friday, May 25, 2007

Platinum Falls, Heading for Biggest Weekly Drop in 2007; Platinum Declines

(Bloomberg) -- Platinum fell in New York, heading for
the biggest weekly decline this year, after yesterday's drop in
U.S. stocks. Palladium also declined.

The Dow Jones Industrial Average fell yesterday for a fourth
day, its longest losing streak since Feb. 27. Platinum has
slumped 5.5 percent from a record $1,353.80 an ounce on May 7.


Read more at Bloomberg Commodities News

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