SINGAPORE, Oct 31 (Reuters) - Platinum, mainly used in
autocalaysts, dropped more than 4 percent to below $800 an
ounce on Friday on fears of falling demand after automakers cut
sales due to a weakening U.S. economy.
Platinum was trading at $781.00 ounce, down $36.00
from New York's notional close, having hit an intraday high of
$814.50. The metal was well below a lifetime high of $2,290
struck in March.
(Reporting by Lewa Pardomuan; Editing by Kazunori Takada)
