Silver rose on easing hopes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Precious metals advanced on Friday as dismal US jobs data elevated hopes for new round of QE in the US.

Gold rallied by more than 4% over the day as fall in global equity markets and world's economic uncertainty increased the safe-haven appeal of the yellow metal.

Silver followed gold's trend as economic worries in the Euro Zone eased after Spain approved its spending cuts programme.

Platinum drew strength from hopes for more accommodative monetary policies in the US as well as from potential supply decrease from Impala Platinum.

Palladium was only marginally higher as US auto sales growth missed forecasts in May.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.