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Reuters reported as gold inched upward platinum rose even higher for the week narrowing its discount to gold to just $15.
Reuters reported as gold inched upward platinum rose even higher for the week narrowing its discount to gold to just $15.
As quoted in the market news:
Spot platinum gained 0.6 percent to $35.35 an ounce, headed for a loss of 0.2 percent over the week. The metal, mainly used to produce jewellery and autocatalysts, has risen 22 percent so far this year, versus gold’s gain of 10 percent.