Spot Platinum Falls on Optimism Over US Economy

Reuters reported that amid reports of US retail sales rising at its fastest pace in 5 months, investors have become optimistic about the US economy which resulted to a decline in spot platinum on Wednesday.

As quoted in the market news:

Platinum fell 0.49 percent to $1,587.21, and palladium  dropped 0.3 percent to $768.22 an ounce.

Click here to read the full Reuters report.