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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.

Click here to read the full Reuters report.

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Markets
TSX20197.61+15.69
TSXV702.09-3.49
DOW31880.24+618.34
S&P 5003973.75+72.39
NASD11535.27+180.66
ASX7148.90+3.30

COMMODITIES

Commodities
Gold1850.87-2.80
Silver21.72-0.02
Copper4.32-0.03
Palladium1998.00+13.00
Platinum951.00-2.00
Oil109.77-0.52
Heating Oil3.62-0.03
Natural Gas8.75+0.01

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