South African Currency and Precious Metal

precious metal: The precious metal, whose uses range from car-exhaust filters to jewelry, tumbled to a six-year low on Monday, weighed down by a surge in supplies that stems in part from the South African currency s sharp depreciation against the U.S. dollar, according to Wall Street Journal and A strong dollar is pressing down on platinum. Last year, a mineworkers strike crippled output... (news.financializer.com). As reported in the news.