Gold continues to advance as palladium soars

Source: Marketwatch
Eased concerns over Greece's exit from the single currency area seemed to stimulate demand for gold and palladium, as well as other precious metals. Gold futures for June delivery added 0.4 percent to  USD 1,574.80 per ounce on NYME. The actively-traded contract for August delivery climbed 0.4% to USD 1,577.40 per ounce of gold. These gains follow a loss of 1.4 percent last week.

July contracts for silver rose 0.3 percent to USD 28.47 per ounce, for platinum – 0.7 percent to USD 3.47 per pound and for copper – 0.5% to USD 1.434 per ounce. Palladium advanced the most this week with contracts for delivery in June rising 2.5 percent, to USD 604.45. 

Back to articles

Actual Topics

Tue, 29 May 2012 10:19:01 GMT

Spanish retail sales down annual 9.8%

Spain calendar-adjusted retail sales plunged 9.8 percent in April on annual basis. This is the sharpest decline since March 2011. Spain is in recession since the housing bubble burst. Borrowing rates have surged record high, and banks are especially under pressure, due to their exposure to housing markets and bad loans.

Tue, 29 May 2012 11:47:02 GMT

OPEC Countries Floor for Oil Price

Despite the fact that the recent slump in oil prices has not yet been a drastic concern to the major OPEC countries, it is anticipated that the tension will in fact heat up eventually. According to certain analysts, due to the increase in government expenditures, a number of counties will not be able to manage their spending if the costs of oil drop below

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.