(Bloomberg) -- Platinum rose the most in two weeks in New York on increased demand from automakers that use the metal to make pollution-control devices. Palladium fell.
Consumption of platinum for catalytic converters rose 6.5 percent last year to a record 4.2 million ounces, London- based research company GFMS Ltd. said in a report April 25. Before today, platinum had gained 15 percent this year. China's car sales surged 25 percent last year, boosting demand.
Read more at Bloomberg Commodities News
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