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CNBC reported precious metals recovered from a steep decline as a drop in the dollar index helped raise prices for commodities.
CNBC reported precious metals recovered from a steep decline as a drop in the dollar index helped raise prices for commodities.
The market news is quoted as saying,
Platinumwas up 1.4 percent at $1,568.80 an ounce, while palladiumwas up 3.6 percent at $650.20 an ounce.
Gold’s premium over platinum stood at nearly $90 on Wednesday, with a ratio of 1.06, its highest in 20 years.
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