The platinum market may have come under pressure during overnight trading from news of progress on wage negotiations at a mine in South Africa, although platinum prices have not received much support from fears of lost supply due of wage issues. Like the rest of the precious metals markets, platinum's inability to rally from safe-haven support due to Euro zone debt concerns has been a key issue for many traders. The UK Trade deficit during July was 8.9 billion, a larger deficit than expectations and may indicate weaker industrial platinum demand from UK automakers.