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The Street Reported that platinum prices have dropped, along with other metals, Thursday.
The Street Reported that platinum prices have dropped, along with other metals, Thursday.
As quoted in the market news:
Metals fell following a strong report on the U.S. economy, which suggested less need for extra stimulus from the Federal Reserve and a stronger dollar.
The Commerce Department raised its estimate of economic growth in the third quarter to 3.1 percent from 2.7 percent.
Platinum for January delivery fell $46.70 to $1,546.20 an ounce and palladium for March delivery fell $18.10 to $680.25 an ounce. March copper fell 6.95 cents to $3.536 a pound.