(Bloomberg) -- Platinum futures fell on speculation
that a rally that drove the precious metal to a record last month
was overdone. Palladium rose.
The price of platinum, a precious metal used as an
alternative investment to stocks and bonds and to make jewelry,
electronics and car pollution-control devices, rose to an all-
time high on May 7. Before today, the price rose 13 percent this
year.
Read more at Bloomberg Commodities News
that a rally that drove the precious metal to a record last month
was overdone. Palladium rose.
The price of platinum, a precious metal used as an
alternative investment to stocks and bonds and to make jewelry,
electronics and car pollution-control devices, rose to an all-
time high on May 7. Before today, the price rose 13 percent this
year.
Read more at Bloomberg Commodities News
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