Spot gold has rallied 17 percent this year as investors sought to diversify from declining equities and depreciating currencies. The precious metal, which reached an all-time high of $1,921.15 on Sept. 6, has climbed 11 percent this quarter.
The ratio of platinum to gold slumped to the lowest level since 1992, a sign that investors may be concerned the sovereign-debt risk in Europe is escalating, potentially trimming demand for metals with industrial uses. One ounce of platinum bought as little as 0.9386 ounce of gold today..............................................Full Article: Source
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