Gold Price Up As Metals Become More Precious

Summary


Manufacturers have seen spending on precious metals soar on the back of insatiable demand from the Far East and a new army of investors.

The price of gold has risen by 22 per cent in six months, and platinum has risen by 42 per cent, leaving companies from North Staffordshire and South Cheshire facing bigger bills.

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Extract


Gold Price Up As Metals Become More Precious

Some are able to pass the costs on to customers, but others have seen margins squeezed.

Economists put the rise down to demand from industry and a growin...

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