Platinum advances to two-week high

Platinum prices rose today to a two-week high as commodity demand rose in the markets despite dollar's rise, which would've normally pushed commodity prices lower.
 
Platinum last traded at $937.30 an ounce, up from the opening price of $906.55, with an intraday high at $938.35, and a low at $905.10.
 
Platinum's current rise comes amid rising demand on commodities at the year's start, on short-covering after a series of recent tumbles.
 
On the other hand, the dollar rose against main currencies today, which would've raised pressure on commodities, but strong demand on platinum and commodities helped them shrug off the dollar's rise.
 
The dollar index, gauging the greenback against an array of six major currencies, rose to 103.40 from the opening of 102.99, with an intraday low at 102.59, and a high at 103.51.