Platinum Falls From Two-Week High as Dollar Strengthens; Palladium Rises

(Bloomberg) -- Platinum fell from a two-week high in
New York as a stronger U.S. dollar reduced the metal's appeal as
a hedge against inflation. Palladium gained.

The dollar rose against the euro and traded near a four-year
high versus the yen earlier today on speculation that a report on
U.S. manufacturing will show economic growth is picking up from
the slowest pace in four years. The metal, which is mostly traded
in the dollar, generally moves in the opposite direction of the
U.S. currency.


Read more at Bloomberg Commodities News