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  • Platinum Price Projections Up

    By Purchasing Staff -- Purchasing, 3/12/2009 2:00:00 AM

    Goldman Sachs JBWere raised its platinum price forecast for this year by 24% saying platinum prices may average $1,050/oz in 2009 and rise to $1,250 in 2012, compared with earlier estimates of $847 and $942 respectively. UBS says platinum prices will average $1,050/oz for 2009 and $1,100/oz for 2010.

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