April platinum settled within striking distance of its November 2010 high of $1813. With palladium getting press coverage along with favorable Indian and Chinese auto demand, industrial demand for platinum group metals should remain robust. If investment demand doesn’t falter the industrial precious metals could see an extended range upward move.
Apr platinum $1,786.40, up $8.20; Range $1,769.00-$1,792.80
Mar palladium $800.40, down $2.90; Range $795.80-$808.90
Feb gold $1,422.90, up $1.50; Range $1,414.50-$1,424.40
Mar silver $31.125, up 18.8 cents; Range $30.620-$31.275
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