Platinum Gains as China Economy Improves

Reuters reported that spot platinum reached its highest in a month, outperforming gold as China’s export growth rebounded.

As quoted in the market news:

Spot platinum hit its highest in a month, while palladium was on course for a third day of gains – in stark contrast to gold, which struggled to rally from a recent 4-1/2 month low at $1,625.79.

By 1 326 GMT, platinum was up 1.3 percent at $1,6 11 .50 per ounce, while palladium had surged 1.8 percent to $695.90. Gold held a firmer tone, rising 0.2 percent to $1,661.85 .

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