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Thursday, 02/07/2008 5:15:46 PM

Thursday, February 07, 2008 5:15:46 PM

Post# of 38879
Analysts said that despite the move of some investors to take profits from record high prices late on Thursday, the metal was poised to set new peaks in the coming months.

"Platinum prices continue to rise as energy supply in South Africa has not improved substantially," said Michael Widmer, metals analyst at Lehman Brothers.

"We forecast another supply shortfall in 2008 and therefore keep our short-term price target at $2000/oz," he said.

http://uk.reuters.com/article/goldMktRpt/idUKL0732816420080207