Gold-Winning Display Leaves Platinum Trailing

Generally, when platinum is at a discount to gold, it points to concerns about the economic outlook, given that 60% of demand for platinum comes from the automotive industry. But when platinum moves above gold, it tends to indicate that investors expect the economy to pick up. Gold also tends to trade as an alternative to traditional currencies, such as the dollar, in times of market nervousness or as a hedge against inflation.

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