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The International Business Times reports the decrease in the US dollar revived the bull camp in precious metals and sent gold prices back up.
The International Business Times reports the decrease in the US dollar revived the bull camp in precious metals and sent gold prices back up.
The market news is quoted as saying,
Platinum and palladium each basically retained $9 worth of advances for most of the morning session; the former rose to $1,772.00 and the latter climbed to $760.00 per troy ounce. Speculators appeared to ignore the finding that analysts expect tomorrow’s US auto sales figures to show their first monthly decline in seven (largely on the back of the highest gasoline values in circa two years’ time).
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