© Scanpix/Reuters
|
Gold inched up amid improving physical demand from central banks. Central banks of Brazil, Kazakhstan and Russia added 17.2, 7.5 and 0.4 tonnes of gold last month. However, solid greenback weighted down on the yellow metal.
Silver extended previous gains despite weakening activity on China's market. Trading volume on the Shanghai White Platinum & Silver Exchange tanked 30% this year in wake of falling industrial demand.
Platinum eased up, following silver and gold advancement. However, the precious metal remained range-bound due to easing supply insecurity in South Africa.
Palladium was the top-gainer after a sharp fall in the previous session. Palladium was lifted by lingering supply concerns amid lower exports from Russia and South Africa.