The Traderszone Network

Published in TZ Latest News 22 September, 2015 by The TZ Newswire Staff

Platinum Futures Slump Hardest Since June 2013

Platinum is bearing the brunt of China woes. The metal tumbled to a six-year low and posted the biggest drop in two years after the Asian Development Bank reduced its growth forecasts for China and said the country’s declining appetite for energy, metals and other raw materials would hurt commodity-focused export economies. The Bloomberg Commodity Index slipped 1.3%, with 20 of 22 components in the gauge declining.

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