Precious Metals:Data & Statistics
Platinum Jewelry Continues Upswing
Demand for platinum by jewelry manufacturers reached an estimated 2.07
million ounces in 1997, up 4% from 1996, according to refiner Johnson Matthey.
Jewelry manufacturers in North America (the U.S. in particular) and China
used significantly more platinum last year.
Their counterparts in Europe reported modest growth, good news after
several years of recession.
The only bad news was in Japan, where recession and government scandals
have brought a continued downturn in consumer spending.
See maps below for the regional breakdown.
Source: Johnson Matthey
Copyright © 1998 by Bond Communications.