Gold Rises 0.9%, Platinum Surges

By MT Newswires,  January 15, 2013, 02:16:36 PM EDT

"Gold futures settled higher Tuesday, while platinum logged a premium over the yellow metal's price for the first time since March 2012," MarketWatch reported

It said: "February gold settled at $1,683.90 an ounce on the Comex division of the New York Mercantile Exchange, up $14.50. Gold got a boost from signs of inflation in Japan as expectations that the Federal Reserve might end quantitative easing this year waned, analysts said."

"Platinum futures also gained after Anglo American Platinum Ltd. said it would suspend some of its mine operations. April platinum added $31.70, or 1.9%, to $1,689.90 an ounce."




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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