Tag Archive | "poor economic conditions"

Greenback’s gain triggers precious metals sell-off

Tuesday, December 2, 2008

The sharp retreat of the stock market, combined with a higher US dollar has triggered a broad sell-off in the precious metals. Spot platinum slipped to a session low of $794.50 an ounce, down 8.8 per cent from $871.50 an ounce late on Friday.

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