Report: Platinum jewelry demand dips in '07

Demand for new platinum from jewelry manufacturers will dip slightly in 2007, despite modest growth in platinum jewelry purchases in China and Europe, as will demand for new palladium, according to Johnson Matthey's Platinum 2007 Interim Review, released today.

According to the review, overall global platinum demand is expected to increase by 2.9 percent to a record 6.93 million ounces in 2007..

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