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Precious Metals Stumble on India Import Tax, Fed Meeting

Investing News Network
Mar. 16, 2012 02:13PM PST
Precious Metals Investing

CNBC reported platinum and other precious metals dipped in trade on Friday on news India will increase bullion taxes as well as the Federal Reserve withholding funds.

CNBC reported platinum and other precious metals dipped in trade on Friday on news India will increase bullion taxes as well as the Federal Reserve withholding funds.

As quoted in the market news:

Platinum fell 0.6 percent to $1,670.24 an ounce.

Click here to read the full CNBC report.

market-news india
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