Fri, 22 Mar 2013 07:34:06 GMT
Platinum inches up on Fed decision, demand hopes
Precious metals apart from palladium advanced on Thursday amid weaker greenback and mounting uncertainty over Cyprus bailout. Moreover, the Fed's decision to keep its policy loose continued to lift the commodity complex.
Gold traded higher as worries that the Eurozone's debt crisis may deepen boosted safe-haven appeal of the yellow metal. However, signs of weak physical demand weighed on gold prices.