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Platinum is emerging as a top performer in 2025, with prices soaring nearly 57% year-to-date. A significant market deficit, driven by declining mine output in South Africa and robust demand from the automotive and jewelry sectors, fuels this rally. Chinese and Indian buyers are increasingly favoring platinum over gold, further boosting demand.
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Rashidun Bokhari, a prominent figure in Queens' Bangladeshi community, was convicted of wire fraud for embezzling over $1 million from fellow immigrants. He exploited their shared background, promising real estate deals that never materialized, leaving victims financially devastated. The Bokhari's flamboyant lifestyle, funded by the fraud, is now under scrutiny as the government seeks restitution through liens on their properties.
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Railway stocks have seen gains recently. Some experts believe it's a short-term bounce due to previous underperformance. Others point to order wins as a positive sign. Concerns remain about execution delays and high valuations. Government spending direction is also a factor. Railtel, RVNL and Jupiter Wagons recently received orders. Investors should approach the sector with caution.
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