Palladium hits record high on strike threat; gold gains
Updated : February 25, 2019 10:11 PM IST
At least 15 mining firms in South Africa, home to the world's biggest platinum group metals deposits accounting for over 90 percent of global output, have received notices of strikes next week in support of colleagues at Sibanye-Stillwater who downed tools over wages and job cuts.
Platinum, which briefly touched its highest since Nov. 20 at $853.50, was up 1 percent at $848.66 an ounce.
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