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Platinum and palladium slump on strike deal

By The Associated Press
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Platinum and palladium prices slumped on Thursday on news of a deal to end South Africa’s long-running mining strike.

The price of platinum for delivery in July fell $39.80, or 2.7 percent, to $1,441.30 an ounce. September palladium fell $40.75, or 4.7 percent, to $819.40.

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