25 Oct 2013
Are metals picking up on greenback’s numbness?
FXstreet.com (Chicago) – Metals advanced throughout the journey with gold reaching monthly highs after extending the upward trendline since October 15th, reversal day.
With an apparent loss of confidence in the USD, gold advances 0.94% for the day printing lows at $1,330.20 and highs at $1,352.30 to be offered at $1,346.50. Silver is up 0.40% and is offered at $22.71 registering lows at $22.51 and highs at $22.91. Platinum is up 0.81% and is offered at $1,451.20 with lows at $1,431.90 and highs at $1,457.50. Copper advances slightly, up 0.05%, it trades at $3.2695 printing lows at $3.2460 and highs at $3.2810. Finally, palladium advances 0.14% and is offered at $747.15 with lows at $742.50 and highs at $751.05.
With an apparent loss of confidence in the USD, gold advances 0.94% for the day printing lows at $1,330.20 and highs at $1,352.30 to be offered at $1,346.50. Silver is up 0.40% and is offered at $22.71 registering lows at $22.51 and highs at $22.91. Platinum is up 0.81% and is offered at $1,451.20 with lows at $1,431.90 and highs at $1,457.50. Copper advances slightly, up 0.05%, it trades at $3.2695 printing lows at $3.2460 and highs at $3.2810. Finally, palladium advances 0.14% and is offered at $747.15 with lows at $742.50 and highs at $751.05.