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NEW YORK, March 27- U.S. derivatives exchange CME Group Inc said on Wednesday it will make platinum, palladium and copper floor-traded options accessible to its gold and silver option pits in a bid to boost floor trading volume in New York. The change will be effective April 1, CME Group said in a statement.
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CNBC's Jackie DeAngelis reports on how the metals market is closing for the day.
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CNBC's Sharon Epperson reports President Obama's State of the Union address called for more government spending and reconstruction, which is supportive of copper, platinum and palladium.
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Palladium is leading the metals higher, reports CNBC's Sharon Epperson.
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Nicholas Brooks, head of research and investment strategy at ETF Securities, tells CNBC how supply side factors are fueling high commodity prices, particularly for copper, platinum and palladium.
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NEW YORK, Feb 4- Platinum hit a four-month high on Monday, extending its outperformance to gold after roaring U.S. car sales boosted demand for the key ingredient used in purifying automotive emissions. The spot price of platinum jumped 0.8 percent on the day, reaching above $1,705 an ounce.
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Sean Hyman, Editor for Money News, Ultimate Wealth Report is bullish on platinum and palladium. He says platinum could hit $2,000.
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CNBC's Sharon Epperson reports many investors are selling gold as options expire, and that palladium is closing at a 16-month high today.
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Gold is closing for the day, and CNBC's Sharon Epperson reports the metal is closing near the lows of the session.
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CNBC's Sharon Epperson reports how the metals fared today at the close, saying Citi boosted its target for platinum in 2013 to $1,700.
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*US jobs, housing data boost industrial commodities. NEW YORK, Jan 17- Platinum, palladium and oil hit multimonth highs on Thursday, and copper posted its biggest gains in two weeks, as bullish U.S. jobs and housing data sparked a broad run-up in commodities, particularly those for industrial use.
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*South Africa supply concerns underpin platinum group metals. Supply concerns from major producer South Africa also continued to drive prices higher, after miner Anglo American Platinum announced an overhaul that it said could cost it 400,000 ounces of platinum production a year.
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Gold prices are nearing session highs, while platinum prices exceed gold for the first time in 10 months, reports CNBC's Sharon Epperson.
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Jeffrey Christian, Managing Director, CPM Group says commodities will be under severe downward price pressure this year. He likes platinum and palladium.
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Nick Trevethan, Senior Commodities Strategist at ANZ Research tells CNBC's Cash Flow why he thinks precious metals will do well in 2013.
