Tuesday, July 3, 2007

Platinum Futures in Tokyo Little Changed Before U.S. Independence Holiday

(Bloomberg) -- Platinum futures were little changed
in Tokyo as some traders awaited the end of the Independence Day
holiday in the U.S. today to judge whether buying of precious
metals by index investors would resume.

Platinum earlier this week tracked gains in other precious
metals as some investors bought gold to reflect increases in its
weighting within indexes of commodities for the third quarter,
which started Monday, said Kazuhiko Saito, a commodity strategist
at Interes Capital Management.


Read more at Bloomberg Commodities News

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