News Summary: Platinum up on violent mine conflict

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PLATINUM RISING: Platinum prices rose as protests continued at a South African mine where nearly four dozen people have been killed during a week-long labor conflict. Although global supplies are plentiful and demand is anemic, there is speculation that inventories may tighten if the dispute continues for an extended period.

GAINING CONFIDENCE: A new report showed consumer confidence in August was at its highest level since May. Several retailers turned in strong second-quarter earnings and offered positive outlooks, which pleased investors.

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