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Reuters reported gold fell on data showing investors have eased their position reversing platinum’s discount to the precious metal.
Reuters reported gold fell on data showing investors have eased their position reversing platinum’s discount to the precious metal.
As quoted in the market news:
Gold prices briefly fell below platinum, reversing platinum’s unusual discount for the first time since September. Better U.S. economic data have pressured gold, while supply fears in top producer South Africa have boosted platinum.