Platinum set to hit parity with gold, but comeback may be a blip

SINGAPORE (Reuters) - Platinum is set to reach parity with gold after rallies in recent weeks sent the metal's discount to gold to its narrowest in nine months, but it may be too early to declare platinum's comeback since economic recovery remains weak, especially in Europe.The spread between gold and platinum narrowed to $31.30 an ounce, its smallest since last April, after platinum staged its biggest...

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World stocks higher on China recovery optimism

BANGKOK (AP) — World stock markets rose Monday on optimism that China's economic recovery is firmly taking root.Many analysts expect China's fourth quarter and 2012 growth figures due Friday to show the world's No. 2 economy continuing to bounce back from its worst slump since the 2008 financial crisis.Sentiment improved last week after Japan announced a $224 billion stimulus package to boost its...

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Stock index futures trade flat to higher

Reuters/Reuters - Traders work on the floor of the New York Stock Exchange June 11, 2012. REUTERS/Brendan McDermidLONDON (Reuters) - Stock index futures pointed to a flat to higher open on Wall Street on Monday, with futures for the S&P 500 up 0.1 percent at 0844 GMT.Dow Jones and Nasdaq 100 futures were unchanged.European shares were also flat, with the FTSEurofirst 300 <.fteu3> just shy...

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