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Resource Investor reports that sideways action continued in the precious metals markets for a third session, ahead of the Fed’s policy statement.
Resource Investor reports that sideways action continued in the precious metals markets for a third session, ahead of the Fed’s policy statement.
The market news is quoted as saying,
Platinum and palladium opened mixed-to-unchanged as players in that niche appeared to have headed out the door for an early summer hiatus. The former fell $3 to open at $1,744.00 while the latter gained $1 to start at $766.00 the ounce. No changes were seen in rhodium at $1.950.00 bid this morning. Automaker Daimler posted a robust comeback in 2010 and its executives are optimistic about the firm’s prospects for the current year.