While platinum prices were able to post gains during overnight trading, the market has fallen back into negative territory going into this morning's session. Many traders feel platinum is likely to find support from news of fresh mining strikes in South Africa, as that may rekindle supply-side anxieties for the platinum market. In fact, Anglo American has already threatened their workers with legal action if they continue to stay away from work. However, platinum is also likely to take a measure of direction from the price action in US equities and from the price action in the gold market today.
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