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Commodities

Xi Jinping, Volkswagen and the fall of platinum

Gold now costs more in the longest- and largest-ever reversal of prices

Platinum is cheaper than it used to be. German automaker Volkswagen's emissions scandal is one factor that has pushed down prices of the precious metal.

TOKYO -- Platinum has always cost more than gold due to its scarcity and high production cost, but it became less expensive than the yellow metal at the beginning of 2015.

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