Platinum climbed to $1,650 this week as China launched physically settled futures and options, increasing transparency and attracting industrial, jewelry, and investor participation, Commerzbank's commodity analyst Carsten Fritsch notes.
Rabobank's RaboResearch Global Economics & Markets report indicates a painfully slow manufacturing recovery in the Eurozone, with industrial confidence remaining weak.
Gold (XAU/USD) holds steady on Friday after a bout of volatility sparked by the CME trading outage pushed prices off their intraday peak. At the time of writing, XAU/USD is trading around $4,172, with the metal on track to notch its fourth straight monthly gain.