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Platinum at 14-Year Low, All Precious Metals Tumble: What’s Next?

Platinum at 14-Year Low, All Precious Metals Tumble: What’s Next?

After witnessing a rebound on Friday, June 29, precious metals fell again on Monday, July 2. Its RSI (relative strength index) level has dropped again to 22. Large speculators decreased their bullish net positions in gold futures, according to CFTC (Commodity Futures Trading Commission) data released on Friday.