| From Businessweek.com: Platinum and palladium prices rose Thursday alongside gold prices, though the gains were dampened somewhat by falling oil prices and a stronger dollar. Precious metals are often bought to hedge against a weakening dollar. Platinum futures for October delivery rose $43.50 to settle at $1,484.20 an ounce on the New York Mercantile Exchange.
Palladium futures for December delivery rose $6.50 to settle at $296.10 an ounce. A note from a UBS analyst encouraging investors to buy gold boosted precious metals..... Full Article: Source
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