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Gold prices fell on Friday, pressured by a recovery in the U.S. dollar and optimism over progress in trade talks between the ...
Gold prices fell on Friday. Spot gold was down 0.6 per cent at $3,347.28 per ounce. U.S. gold futures fell 0.7 per cent to $3,349.80. The U.S. dollar index rebounded from more than a two-week low, ...
By Brijesh Patel (Reuters) -Gold traded flat on Friday and was headed for a weekly fall, weighed down by an overall stronger ...
Gold has also surpassed platinum in price per ounce, trading for over $2,000 per ounce as of March 2024, while platinum is trading for just under $1,000 per ounce.
Platinum is 30 times rarer than gold and has more industrial uses, especially when it comes to the auto industry and healthcare. Platinum has more severe shortages than gold, which can drive up ...
Intrinsic value: Both platinum and palladium are extremely rare assets — both are about 30 times rarer than gold, according to Braverman. This scarcity makes both precious metals high-value assets.
Platinum has had a strong historic correlation to gold and silver, but has lagged since 2023. A reversion to its historic correlation would imply a 20% plus up-move from here, given the gigantic ...
Trailing well behind gold and silver, the better-known precious metals, platinum, and palladium are showing signs of playing catch up. Newsletters Games Share a News Tip. Featured.
Costco goes platinum. Store offering 1-ounce bars after success of gold, silver The company sold more than $100 million in gold bars in a three-month period between September and November 2023.
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