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CNBC reported platinum prices fell on Wednesday as global economics weakened slightly.

CNBC reported platinum prices fell on Wednesday as global economics weakened slightly.

As quoted in the market news:

The prices of platinum and palladium, which are used in catalytic converters and other products, each fell by at least 1 percent. January platinum dropped $16.80 to ounce to $1,678.50, and December palladium fell $8.30 to $649.90.

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