Category: Palladium News
Palladium News and Analysis from varies commodity news media, we summarize all Palladium news into a sitemap summary with link to related Palladium News for the one who wanted to catch up Palladium price change in timely manner.
Gold prices rose on Wednesday as the dollar weakened after U.S. Treasury Secretary nominee Janet Yellen underscored the need for a huge stimulus to help the economy recover from the coronavirus jolt, bolstering bullion's appeal as an inflation hedge.Spot gold gained 0.6% to $1,850.66 per ounce by 0604 GMT. U.S. gold futures added 0.5% to $1,850.Yellen at her confirmation hearing on Tuesday urged lawmakers for large coronavirus relief...
NEW DELHI: Gold and silver futures prices in the domestic market gained in the morning trade for on Wednesday following the trend in the international market, as hopes of a massive stimulus bolstered the prospects for precious metals. The dollar index eased further from a four-week high hit earlier in the week, while most US Treasury yields fell after Yellen said that tax cuts enacted in 2017 for...
Gold and silver prices edged higher in Indian markets, tracking higher global rates. On MCX, February gold futures rose 0.27% to ₹49,115 per 10 gram while silver gained 0.3% to ₹66,234 per kg. In the previous session, gold and silver had risen 0.2% and 0.9% respectively. In global markets, gold rates moved higher following a weaker US dollar amid expectations of a massive US stimulus. Janet Yellen, US...
Jan 20: Gold prices rose on Wednesday as expectations for a massive U.S. stimulus to help the world's largest economy recover from the coronavirus jolt bolstered bullion's appeal as an inflation hedge and pressured the dollar. Spot gold gained 0.5% to $1,848.30 per ounce by 0239 GMT. U.S. gold futures added 0.4% to $1,847.30. Janet Yellen, U.S. President-elect Joe Biden's Treasury Secretary nominee, at her confirmation hearing on...
NEW DELHI: Gold futures prices in the domestic market continued its downward journey in the morning trade for another day on Tuesday bucking the trend in the international market, but the losses were limited as India sped up vaccine deployment. However, silver futures edged higher riding on a wave of news including upcoming stimulus packages and a softening dollar. Continued industrial demand also kept the appetite up for...
NEW DELHI: Gold futures prices in the domestic market continued its downward journey in the morning trade for another day on Tuesday bucking the trend in the international market, but the losses were limited as India sped up vaccine deployment. However, silver futures edged higher riding on a wave of news including upcoming stimulus packages and a softening dollar. Continued industrial demand also kept the appetite up for...
Gold and silver prices were mixed today in Indian markets, tracking flat global rates. On MCX, gold futures dipped 0.1% to ₹48,846 per 10 gram while silver gained 0.5% to ₹65,760 per kg. In the previous session, gold had finished 0.36% higher, after hitting the lowest level in over a month, while silver had advanced 1%. In global markets, gold rates today inched higher as traders awaited comments...
Gold prices inched higher on Tuesday after hitting a 1-1/2-month low in the previous session, as hopes of further global stimulus to stem the economic toll from the COVID-19 pandemic countered a firmer dollar. FUNDAMENTALS Spot gold rose 0.1% to $1,838.51 per ounce by 0039 GMT. On Monday, prices had dipped to their lowest since Dec. 2 at $1,809.90. U.S. gold futures gained 0.4% to $1,836.50. The U.S....
When Mr Frank Chen started his recycling business BR Metals in 2009 to recover platinum group metals (PGM) – precious metals such as palladium, platinum and rhodium – from scrap materials, he had two objectives in mind – to offer a more sustainable alternative to environmentally damaging mining and ot meet a growing market demand for professionalism and transparency in the recycling of these precious metal scraps. He...
Gold inched away from a 1-1/2-month low touched earlier on Monday as expectations of additional fiscal stimulus in the United States buoyed bullion's appeal as an inflation hedge. Spot gold was up 0.3% at $1,832.36 per ounce by 9:54 a.m. EST (1454 GMT), after falling to $1,809.90, its lowest since Dec. 2. U.S. gold futures rose 0.1% to $1,831.90. "This new (U.S.) government will provide more economic stimulus...
The Sylvania Platinum (LSE:SLP) share price has been on an upward trajectory for the past few years. Despite a blip in the March market crash, it rebounded steadily and enjoyed an excellent 2020. The government classes mining as an essential industry, so although Covid-19 has caused some problems, the group has largely continued with business as usual. With metal prices continuing to rise, this bodes well for a...
Gold prices firmed on Monday, as prospects of a massive U.S. coronavirus relief aid outweighed a stronger dollar and lifted bullion’s appeal as an inflation hedge.Spot gold rose 0.6% to $1,837.21 per ounce by 0559 GMT, after falling to their lowest since Dec. 2, 2020 at $1,809.90 earlier in the session.U.S. gold futures gained 0.3% to $1,835.70.“The gold market remains relatively supported at these levels, as the current...
