{"id":8508,"date":"2008-09-01T00:00:00","date_gmt":"2008-09-01T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"platinum-palladium-rise-alongside-gold","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/platinum-palladium-rise-alongside-gold.html","title":{"rendered":"Platinum, palladium rise alongside gold"},"content":{"rendered":"<p>BusinessWeek &#8211; Platinum and palladium prices rose Thursday alongside gold prices, though the gains were dampened somewhat by falling oil prices and a stronger dollar.<\/p>\n<p>Precious metals are often bought to hedge against a weakening dollar.<\/p>\n<p>Platinum futures for October delivery rose $43.50 to settle at $1,484.20 an ounce on the New York Mercantile Exchange.<\/p>\n<p>Palladium futures for December delivery rose $6.50 to settle at $296.10 an ounce.<\/p>\n<p>A note from a UBS analyst encouraging investors to buy gold boosted precious metals.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.businessweek.com\/ap\/financialnews\/D92RJV980.htm\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek &#8211; Platinum and palladium prices rose Thursday alongside gold prices, though the gains were dampened somewhat by falling oil prices and a stronger dollar. Precious metals are often bought to hedge against a weakening dollar. Platinum futures for October [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[333,200,2441,541,83,672,545,2252,542,112],"class_list":["post-8508","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-doing-business","tag-exchange-trading","tag-futures-trading","tag-kelton-research","tag-medallion","tag-new-york-mercantile","tag-nymex","tag-precious-metal","tag-rival-bidders","tag-summer-intern"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8508"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8508\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}