MW: Gold, platinum futures slump in wake of Treasury bank plan
Gold and platinum futures both slumped on Tuesday, with gold down $24.10 to $928.40 an ounce and platinum falling $22.20 to $1,121.10 an ounce. "As long as the positive effect of yesterday's announced measures continues and risk aversion declines, gold is likely to remain under pressure and a further retreat towards $925 cannot be ruled out," said Eugen Weinberg, an analyst at Commerzbank.
