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    market news

    Spot Platinum Rises Amid Stronger Dollar

    Investing News Network
    Mar. 27, 2013 11:10PM PST
    Precious Metals Investing

    Bloomberg reported that many precious metals are headed for their worst quarterly run as the dollar strengthened but spot platinum advanced 0.2% and is poised for a quarterly advance.

    Bloomberg reported that many precious metals are headed for their worst quarterly run as the dollar strengthened but spot platinum advanced 0.2% and is poised for a quarterly advance.

    As quoted in the market news:

    Spot platinum rose 0.2 percent to $1,585.16 an ounce, poised for a quarterly advance. Holdings in ETPs expanded to a record 52.346 tons, according to data tracked by Bloomberg.

    Click here to read the full Bloomberg report.

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