Platinum falls for second session, dollar hits week trough

Economies.com
2018-12-28 14:42PM UTC

Platinum prices fell while still heading for the second weekly profit in a row, as the dollar index plumbed December 20 lows, following earlier data from the US today. 

 

As of 02:38 GMT, platinum shed 0.59% to $792.02 an ounce, while the dollar index slipped 0.23% to 96.26, marking week lows. 

 

US pending home sales fell 0.7% m/m in November, improving on a 2.6% monthly drop in October, while still missing expectations of a 1% increase, as sales fell 7.7% y/y, sharpening a 4.7% yearly drop in October. 

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