(Bloomberg) -- Platinum futures climbed to a record
in Tokyo after U.S. consumer confidence unexpectedly rose,
signaling demand for cars and metals used in emission control
devices may increase.
Sentiment among U.S. consumers improved in May for the first
time in four months as optimism about the jobs outlook and stock
market helped overcome record high gasoline prices. The
Reuters/University of Michigan's preliminary index of consumer
sentiment released May 18 increased to 88.7 from 87.1 in April.
Read more at Bloomberg Commodities News
in Tokyo after U.S. consumer confidence unexpectedly rose,
signaling demand for cars and metals used in emission control
devices may increase.
Sentiment among U.S. consumers improved in May for the first
time in four months as optimism about the jobs outlook and stock
market helped overcome record high gasoline prices. The
Reuters/University of Michigan's preliminary index of consumer
sentiment released May 18 increased to 88.7 from 87.1 in April.
Read more at Bloomberg Commodities News
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