Investors who missed the gold rush find themselves in platinum funds
By Elena Mazneva and Ranjeetha Pakiam
Platinum holdings in exchange-traded funds hit an all-time high, hinting at the prospect of a rally for the precious metal after months of falling behind gold and silver.
More than 600,000 ounces of platinum have been added to ETFs since mid-May, according to data compiled by Bloomberg, with investor demand partly offsetting a drop in jewelry consumption…
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