Platinum Prices Drop, Natural Gas Gains
The Street Reported that platinum prices have dropped, along with other metals, Thursday.
As quoted in the market news:
Metals fell following a strong report on the U.S. economy, which suggested less need for extra stimulus from the Federal Reserve and a stronger dollar.
The Commerce Department raised its estimate of economic growth in the third quarter to 3.1 percent from 2.7 percent.
Platinum for January delivery fell $46.70 to $1,546.20 an ounce and palladium for March delivery fell $18.10 to $680.25 an ounce. March copper fell 6.95 cents to $3.536 a pound.