Platinum climbs off week lows, dollar edges up as well

Economies.com
2018-10-29 13:55PM UTC

Platinum prices rose over one percent in American trade off October 22 lows, as the dollar index gained ground, following earlier data from the US, the world's largest economy. 

 

As of 01:44 GMT, platinum futures due in December rose 0.90% to $840.22 an ounce off week lows, while the dollar index rose 0.25% to 96.60 against a basket of major rivals. 

 

Earlier US data showed personal income rose 0.2% in September, slowing down from August's 0.4% growth.

 

Personal spending rose 0.4% as expected in September, also slowing from 0.5% from August. 

 

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