Yes Vienna ,both Platinum and palladium taking off today .
Also this out recently indicates JP Morgan is keen on PGMs .
JP Morgan boost for Angloplat Mar 10 2010 07:12
Johannesburg - JP Morgan has set a higher share price target for Anglo Platinum (Angloplat), the world's largest producer of the precious metal, which it described as its preferred major platinum exposure.
JP Morgan said it was "overweight" on Angloplat, a unit of global miner Anglo American Plc, and set a new price of 995 rand per share from its previous R960 a share.
JP Morgan said Angloplat was positioned to respond to the improving platinum group metals demand fundamentals after restructuring.
JP Morgan said Angloplat had improved its operations and safety record, and shut down three unprofitable shafts under Chief Executive Officer Neville Nicolau.
Platinum hit an intraday low around $1 580 an ounce before bouncing and hitting a high of $1 625 - its strongest since late January.
NKP Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
