RTRS: Platinum jumps over 3 pct on higher gold, oil
SINGAPORE, Oct 20 (Reuters) - Platinum gained more than 3
percent on Monday as a rebound in gold prices and strengthening
oil spurred bargain hunting from speculators.
Platinum was trading at $878.00 an ounce, up $27.50
an ounce from New York's notional close, having fallen to
$831.50 an ounce on Oct. 16, its weakest since December 2004,
on fears of a global recession.
(Reporting by Lewa Pardomuan; Editing by Ben Tan)
