(Bloomberg) -- Platinum rose to a five-month high in Asian trading amid continued speculation the introduction of new exchange-traded funds will boost demand. Platinum futures in Tokyo climbed to a record. Palladium was little changed.
Prices for platinum and palladium rose last week following the announcement of new ETFs. Platinum, which rose 4.5 percent last week, had its biggest one-day gain in almost five months on April 20 when it rose 2.4 percent at close. Palladium gained 2.1 percent last week.
Read more at Bloomberg Commodities News
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