• Most Popular
  • Most Shared

Platinum down 3 pct on weak gold,Tokyo sell off

SINGAPORE
Sun Apr 13, 2008 10:07pm EDT

SINGAPORE (Reuters) - Platinum tumbled 3 percent on Monday after a surging U.S. dollar hit gold, and speculators liquidated positions in Tokyo futures.

Hot Stocks

Spot platinum hit a low of $1,940 an ounce, down from $2,002/2,007 late in New York on Friday - well below a lifetime high of $2,290 an ounce hit on March 4.

Gold dropped to $915.20/916.00 an ounce from $924.60/925.40 late in New York on Friday. The most active Tokyo platinum futures <0#JPL:> fell 260 yen per gram to 6,200 yen. (Reporting by Lewa Pardomuan; Editing by Louise Heavens)
Hot Stocks


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets