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Reuters reported platinum rose the most since February 2008 after the Fed announced it expects interest rates to remain low keeping its loose monetary policy.
Reuters reported platinum rose the most since February 2008 after the Fed announced it expects interest rates to remain low keeping its loose monetary policy.
As quoted in the market news:
Spot platinum was up 0.1 percent at $1,605.49 an ounce, while palladium was down 0.6 percent at $683.47. Platinum has outperformed palladium this month, climbing 15 percent for its biggest one-month rise since February 2008.