Spot Platinum Rises Amid Stronger Dollar

Precious Metals

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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