Platinum, a precious metal used for jewellery and vehicle catalysts, is trading at its lowest levels since 2009 on the back of weak investor buying and slower demand from China.
Global demand for platinum fell 7 per cent last year, according to a report by the World Platinum Investment Council, a newly formed industry body.
Total investment through exchange traded funds fell 76 per cent even as Standard Bank launched the second ETF product for the precious metal, it said.
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