Platinum prices rose on Monday to a two-month high as the dollar steadied and stopped rising, opening the door for platinum to gain ground today.
Platinum last traded at $980.95 an ounce, up from the opening price of $973.25, with an intraday high at $981.95, and a low at $972.15.
Platinum's rise comes amid mounting demand on commodities as the dollar moves little against main currencies, helping commodities advance.
Dollar's wavering today comes after jumping last week following the U.S. payrolls report, which forced it to steady today amid a lack of data from America.
The dollar index, gauging the greenback against an array of six major rivals, inched down to 102.23 from the opening of 102.26, with an intraday low at 102.14, and a high at 102.50, after hitting a three-week low last week at 101.27.