PRECIOUS-Gold Rises, Platinum Holds Near 2-Month High
Gold prices rose on Tuesday as the dollar hit its lowest in nearly two weeks against the euro and stock markets rallied, while platinum held near two-month highs as unrest simmered at a mine in major producer South Africa.
Platinum has been the biggest climber of the last seven days, up more than $100 an ounce week-on-week on Tuesday, after police shot dead 34 people after an outbreak of inter-union violence at a mine operated by Lonmin.
Gold prices climbed, meanwhile, in line with European shares and the euro, on optimism that meetings on Greece’s future and a strategy being drawn up by the European Central Bank will lead to progress in solving the euro zone debt crisis.
