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NORTHAM PLATINUM
What is Ruthenium? The rare metal behind the latest price spikeRuthenium prices have reached an all-time high, driven by surging demand from the AI boom, particularly in data storage and cloud computing...- Ruthenium prices hit record high as AI boom squeezes supplyUsed in electronics, semiconductors, and chemical processing, ruthenium is seeing rising demand from AI-driven data storage and cloud com...
- Gold flat after data suggests smaller Fed rate cutGold prices held steady on Monday after a 1% decline in the previous session, driven by U.S. inflation data indicating a smaller-than-expec...
- Gold near two-month high as hopes for mid-year US rate cut riseBenchmark U.S. 10-year Treasury yields and the dollar index retreated on Friday after data showed U.S. manufacturing slumped further in Feb...
- Gold swings on US Federal Reserve stimulus taper uncertaintyGlobal equities held near the highest level since January 2008 and rallied 18% this year on prospects for an economic recovery.
- Carmakers to use $7 billion of platinum in catalytic converters for diminishing supply glutAbout 3.82 million ounces will go into auto catalysts, 17% more than this year and the most since 2007, Morgan Stanley estimates.
- Gold scales new peak of $1,278 an ounce in overseas marketsThe metal, which has been on a record setting journey, surged on rising demand among investors as a safe haven and hedge against inflation.
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