Platinum rises on South African mine conflict

Published August 17, 2012 8:11pm ET



The price of platinum rose for a second day as protests continue at a South African mine where nearly four dozen people have been killed during a labor conflict.

Platinum for October delivery gained $37.90, or 2.6 percent, to end Friday at $1,473.10, its highest level since early July. It rose almost 3 percent on Thursday.

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