Platinum hits 4-month peak, palladium rockets to 16-month high

By Frik Els

The platinum price hit a four-month high on Monday, adding $10 to $1,709 an ounce in New York while sister metal palladium added more than 1% to $766 an ounce.

Platinum is up over 10.6% so far this year and palladium has added 9% in value in 2013 and is now …read more