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The Economic Times reports the precious metals market is up as the US comes closer to defaulting on debt.
The Economic Times reports the precious metals market is up as the US comes closer to defaulting on debt.
The market news is quoted as saying,
Gold prices hit record highs on Monday for the sixth time in two weeks and silver and palladium rallied as concerns over the prospect of a U.S. default prompted investors to buy precious metals as a haven from risk.
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| Commodities | |||
|---|---|---|---|
| Gold | 2367.61 | -0.05 | |
| Silver | 28.23 | +0.02 | |
| Copper | 4.36 | 0.00 | |
| Oil | 82.73 | +0.04 | |
| Heating Oil | 2.58 | 0.00 | |
| Natural Gas | 1.72 | +0.01 | |
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