Precious Metals Gain on Haven Demand

SMH reported precious metals rose on demand for a haven amid persistent concerns that Europe’s debt crisis will hinder the global economy.

As quoted in the market news,

On the New York Mercantile Exchange, platinum futures for January delivery gained $14.30, or 1 percent, to $1,482.90 an ounce, ending a five-session slump, the longest since June.

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