NYMEX platinum at near 4-mth lows early, gold dips

Newswire

NEW YORK, April 29 (Reuters) - Platinum on the New York Mercantile Exchange (NYMEX) slumped to four-month lows Tuesday morning on technical selling, while gold was weighed down by a firm U.S. dollar and higher equities, dealers said "The platinum market is actively trading. Much of it is technically oriented, with the dealers turning scale-down buyers," said AG Edwards commodity commentator James Quinn at the NYMEX floor. But with spot platinum supported at $600 an ounce and NYMEX July ...

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