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Kitco reported platinum and gold have both rallied narrowing the price gap between the two precious metals.
Kitco reported platinum and gold have both rallied narrowing the price gap between the two precious metals.
As quoted in the market news:
Gero said the spread between platinum and gold has been narrowing and he expects that to continue. The price premium gold has held over platinum was as much as $180 to $200 an ounce more than the white metal, which is historically unusual. That spread has fallen to about $110.
Click here to read the full Kitco report.