8:52 AM · 10 August 2020

Platinum jumps at start of a new week!

In spite of USD gaining against all major peers, precious metals trade higher at the start of a new week. Gold and silver make small gains after Friday's sell-off. However, platinum is trading over 2% higher and once again closes in on $1,000 mark. Precious metal has already gained 12% this month!

Platinum is trying to recover from Friday's sell-off today. Resistance to watch can be found at $1,000. Source: xStation5

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