Platinum inched up despite oversupply concerns

Note: This section contains information in English only.
Source: Dukascopy Bank
Precious metals were strongly pressured by weaker Euro after elections in Greece and France.

Gold tumbled amid broadly stronger US Dollar as elections' results hinted that the Euro Zone is far away from resolution of its financial difficulties. However, strong China's demand may revive gold prices in the nearest term.

Silver was the top-loser, following the EU equities and weak Euro that dropped to three month-low against the US Dollar.

Platinum managed to climb by 0.12% on Monday despite expected surplus in the market and sluggish industry recovery in the main economies.

Palladium fell amid global economic uncertainty after anti-austerity measures proponents won elections in France and Greece.

Back to articles

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.