Platinum rises to highest level in 6 years

Platinum prices rose to their highest level in six years today, as platinum jumped 4.2% to $ 1224.46 after rising earlier in the session to $ 1234.35, its highest level since February 2015. Gold prices also rose today with the US dollar retreating against major currencies to its lowest level in two weeks after the comments of Federal Reserve Chairman Jerome Powell in addition to the consumer price data in the United States. Spot gold rose 0.1% to $ 1837.96 an ounce, US gold futures rose 0.2% to $ 1838.40 an ounce, and silver rose 0.1% to $ 27.17 an ounce.