Precious metals fell after G20 meeting

Note: This section contains information in English only.
Source: Dukascopy Bank
Precious metals tumbled on Monday after G20 members failed to agree on the boosting IMF as Euro Zone countries were demanded to show greater financial commitment to the IMF before receiving further aid. Investors also are cautions before ECB decision on LTRO due on Wednesday that may provide banks with unlimited three-year loans with low interest rate. Silver mainly tracked gold's fluctuations and mixed equities. Meanwhile, yellow and white metals may seek further support in stronger central bank's demand for hedges against global economic uncertainty. Platinum and palladium were the top-losers on Monday after short-term rally on the supply concerns.

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