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Platinum spot price up 3 percent
Platinum prices rose by 3% in the spot transactions, reaching $1,678.15 per ounce, amid a decline in the US dollar and decreasing US Treasury bond yields, which increased the attractiveness of the precious metal to international buyers. This increase coincided with gains in other precious metals, as investors awaited US monetary policies, geopolitical tensions, and energy market challenges, reflecting market disruptions and potential impacts on the prices of precious metals.
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