Platinum, meanwhile, rallied as the industrial production data fanned hopes of stronger demand for the metal widely used in auto catalysts.
About 42 per cent of annual platinum supply went to making catalytic converters for the automobile industry in 2012, according to specialty chemicals company Johnson Matthey.
Platinum for October delivery rose $US9, or 0.6 per cent, to settle at $US1,500.60 a troy ounce on the Nymex. This was the first time platinum settled above $US1,500 an ounce since June 10
