bullish on platinum
MARKET TALK: MS Says Platinum Outlook Very Bullish 25/08/06 12:14:00
0214 GMT [Dow Jones] Morgan Stanley says outlook for platinum prices very bullish; analysts at bank like the white metal because demand drivers very different to drivers of base metals and bulks; "Platinum is not a China story. About 50% of platinum demand comes from autocatalysts, which are driven by tightening vehicle emissions legislation in the western world." Spot platinum trades off $4 at $1,225.50/oz. (GLS
GAU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held