Platinum at a Peak of More Than 6 Years

Platinum prices rose to their highest levels in more than six years, continuing a strong rally thanks to market hopes that an economic recovery would support demand from the auto sector.

Platinum rose 1.3% to $ 1257.51 an ounce, after earlier jumping as much as 2.2% to its highest level since January 2015.

Palladium also increased by 0.2% to $ 2,361.04 an ounce, not far from the nearly three-week peak it hit on Wednesday.

In catalytic converters, car manufacturers use bimetallic fumes to filter exhaust fumes.

As for gold, it decreased in spot transactions by 0.1% to 1841.28 dollars an ounce. And settled US gold futures trading at $ 1842.90.

And silver rose in spot trading 0.5% to 27.13 dollars an ounce.