Platinum Holdings Expand to Record on Supply Disruptions, QE3

Platinum Holdings Expand to Record on Supply Disruptions, QE3

Tomohiro Ohsumi/Bloomberg

Platinum prices rallied to highest level since February this month as miners staged a six-week stoppage at Lonmin Plc’s Marikana mine, which accounts for about 10 percent of global output, and the U.S. central bank announced a third round of quantitative easing.