Thomson ReutersApril 1, 2014 18:49
By Frank Tang
NEW YORK (Reuters) - U.S. retail investors have raced to scoop up the government's newly launched platinum coins, data shows, as industrial metals prices outperformed bullion, a long-time favorite among collectors.
In the first three weeks since relaunching the American Eagle platinum coins on March 10, the U.S. Mint sold some 10,000 ounces, data showed. In March, platinum prices rose almost 1 percent, sharply outperforming gold's 3 percent fall.