gold silver platinum First gold, then silver; TD Securities now has a tactical short bet for platinum
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Daniel Ghali, senior commodity strategist at the Canadian bank, published the trade Wednesday morning as prices struggle to hold gains above $1,000 an ounce. January platinum futures last traded at $997.90 an ounce, up 0.22% on the day. Although the Canadian Bank is tactically short on platinum, they see long-term bullish potential for the precious metal. In its 2023 outlook published last week, TDS said that it sees platinum prices pushing to $1,100 by the end of the year and rallying to $1,200 by the end of 2024.
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