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    market news

    Gold-Platinum Spread Widens

    Investing News Network
    Dec. 07, 2011 01:53PM PST
    Precious Metals

    CNBC reported gold rose as platinum slipped on the hope the European Union will find a lasting solution to its debt crisis.

    CNBC reported gold rose as platinum slipped on the hope the European Union will find a lasting solution to its debt crisis.

    As quoted in the market news:

    Platinumslipped 0.5 percent to $1,511.74 an ounce.

    The gold-platinum spread widened to $204 an ounce on Tuesday, its widest since Reuters started recording prices in 1985, and remained around $200.

    Click here to read the full CNBC report.

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