The Conversation (0)
Reuters reported platinum has returned to a discount to gold on slowed growth in China.
Reuters reported platinum has returned to a discount to gold on slowed growth in China.
As quoted in the market news:
The recent economic optimism helped platinum, which usually moves in tandem with riskier assets, regain its premium over gold earlier in the month. But the spread flipped to a discount again this week, with gold standing $16 above platinum.
Spot platinum traded down 0.2 percent to $1,630.69 an ounce, and spot palladium edged up to $682.17.