LONDON, Sept 12 (Reuters) – Platinum priced in rand rose by
3.3 percent to reach its highest level so far this year on
Wednesday, boosted by the weakness in the currency and by
spreading violence and unrest in the South African mining
industry.
Platinum priced in rand was up at 13,405.7 rand
an ounce, its highest since mid-November, set for its largest
one-day gain in a month.
The rand was last down 0.4 percent against the
dollar, but still held around one-month highs against the U.S.
currency.
South African police said striking miners had blockaded
roads leading to shafts belonging to Anglo American Platinum
, the world’s largest platinum producer.
(Reporting by Amanda Cooper)
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