Platinum settles lower even as dollar dips

Platinum futures tilted lower in American trade even as the dollar index lost ground for the third consecutive session away from early March highs, following earlier data from the US, the world's largest economy, and ahead of the final reading for wholesale inventories. 

As of 01:39 GMT, platinum fell 0.18% to $930.82 an ounce from the opening of $932.47, while the dollar index dipped 0.25% to 89.61 from the opening of 89.84, marking March 28 lows. 

Earlier US data showed producer prices accelerated to 0.3% in March from 0.2% in February, beating expectations of 0.1%, while core prices accelerated as well to 0.3% from 0.2%.