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Gold pips platinum on safe-haven demand

China Business News | August 11, 2011 | 12:45 am Base Metals Precious Metals Europe Gold Platinum 

In a rare development, gold prices have surpassed usually costlier platinum from the precious metal basket. Abroad, gold is trading at $1,746 per ounce and platinum at $1,732. In the Mumbai market, gold prices on Tuesday went up further.

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