(Bloomberg) -- Platinum jumped in New York and headed
for a weekly gain on expectations demand for the metal used in
auto pollution devices will increase after President George W.
Bush spoke of cutting greenhouse gas emissions. Palladium rose.
Bush proposed yesterday convening talks with the world's
biggest economies to set targets to cut greenhouse-gas emissions.
Before today, platinum has gained 12 percent this year as
industrial and investment demand increased.
Read more at Bloomberg Commodities News
for a weekly gain on expectations demand for the metal used in
auto pollution devices will increase after President George W.
Bush spoke of cutting greenhouse gas emissions. Palladium rose.
Bush proposed yesterday convening talks with the world's
biggest economies to set targets to cut greenhouse-gas emissions.
Before today, platinum has gained 12 percent this year as
industrial and investment demand increased.
Read more at Bloomberg Commodities News
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