Platinum, Palladium Rise in New York on Demand for Haven, Weakening Dollar

(Bloomberg) -- Platinum rose for a fourth-straight
session in New York as terrorism concerns and a drop in the
dollar boosted demand for precious metals as alternative
investments. Palladium also gained.

Some investors bought metals as a haven after an attack on
Glasgow International Airport and the discovery of two car bombs
in London. Platinum, traded in dollars, also gained as the
dollar fell to the lowest level in more than a month against the
euro and weakened against the yen.


Read more at Bloomberg Commodities News