(Bloomberg) -- Platinum traded at a 5-month high in Asia on speculation the introduction of an exchange-traded fund will boost demand. Platinum futures in Tokyo climbed to a record. Palladium traded at an 11-month high.
Platinum for immediate delivery rose $2, or 0.1 percent, to $1,297 an ounce at 11:57 a.m. Sydney time after earlier touching $1,297.50, its highest level since November 21. The contract rose $24, or 1.9 percent, yesterday.
Read more at Bloomberg Commodities News
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