NY platinum hits 12-week low, gold ekes out gain


NEW YORK, April 26 (Reuters) - New York platinum dropped another 3.4 percent on Monday, plumbing a 12-week low as commodity funds continued to lighten holdings despite strong industrial demand. Platinum's plunge eclipsed gold and silver, which managed further recoveries from last week's respective seven and 11-week lows with help from a bounce in the euro from a five-month low against the dollar overnight. NYMEX July platinum ended down $28.60 at $813.90 an ounce, trading at its lowest ...

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