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Barclays sees potential for platinum/gold spread to widen

Posted on 14 October 2013

Barclays Capital sees potential for the platinum/gold spread to widen. Prices have trended lower throughout the precious-metals complex lately, with gold unable to benefit from the U.S. political stalemate over budget and debt-ceiling issues.
“As we have highlighted previously, a key downside risk for platinum is weaker gold prices, which indeed has overshadowed positive developments for platinum prices,” the British bank added………………………………………..Full Article: Source


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