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Platinum price strong through '07: ABN Amro

PLATINUM maintains somewhat of a low profile compared with its precious metals brothers of gold and silver but a new report from ABN AMRO has forecast global demand for 2006 to grow by 5% reach a record 7.02 million ounces, underpinning strength in the platinum price throughout 2007.

Jesse Riseborough
Platinum price strong through '07: ABN Amro

ABN cited Johnson Matthey's definitive Platinum Review, published this week, in which a small 20,000oz supply deficit was predicted for 2006 as increased demand expected from the automotive industry, in...

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