Platinum settles higher, dollar off three-month lows

2019-01-15 16:22:37 GMT (Economies.com)
Platinum settles higher, dollar off three-month lows

Platinum prices tilted higher in American trade off January 4 lows, as the dollar index rebounded from October 16 lows for the third session out of four, following earlier inflation and industrial data from the US, while a government shutdown entered its fourth week in a row. 

 

As of 02:37 GMT, platinum prices rose 0.06% to $802.64 an ounce, while the dollar index rose 0.19% to 95.79 off three-month lows. 

 

Earlier US data showed producer prices fell 0.2% m/m in December, missing estimates of a 0.1% dip, and compared to November's 0.1% increase. 

 

Core prices, excluding food and fuel, fell 0.1%, missing estimates of a 0.2% increase, and compared to November's 0.3% increase. 

 

The Empire State Manufacturing Index fell to 3.9 in January, missing estimates of 11.6, and compared to December's 10.9. 

 
 
 
  Symbol Last Change Chg.%
1.1205
0.0042
0.3740%
1.2713
-0.0024
0.1876%
14.565
0.147
1.023%
59.045
-3.636
5.801%
69.27
1.51
2.23%
1284.910
7.145
0.559%
 
 
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