Platinum rallied on expected supply disruptions

Note: This section contains information in English only.
Source: Dukascopy Bank
Precious metals rallied on Thursday amid hopes for more loosening policies from the Fed after Philadelphia's manufacturing activity posted a contraction in May.

Gold gained momentum on indications of weakness of the US economy. Moreover, turmoil in the Euro Zone slightly increased safe-haven appeal of the yellow metal.

Silver was the top-gainer despite soft global equities and strong US Dollar.

Platinum received additional support from growing risk of new supply disruption from Impala Platinum as tensions between rival miners' unions escalated.

Palladium drew strength from rallying gold and expected deficit in the market this year due to increased industrial demand for the metal.

Back to articles

Actual Topics

Fri, 18 May 2012 16:12:02 GMT

Tech Stocks Gain Before Facebook Debut

Tech shares grow while investors are excitedly waiting for No. 1 social network to go public. Yahoo added 5.31%, Salesforce.com Inc. jumped by 9.88%, Apple Inc. gained 1.63%, Intuit Inc. advanced by 2.94%. Morgan Stanley High Tech 35 Index shows that overall industry improved by 0.49%.

Fri, 18 May 2012 13:49:31 GMT

American Stock Futures advance ahead of G-8 meeting

S&P 500 lost 8.1 per cent since April 2, this year's high. On May 17 it registered a 4-month low on weak economic statistics and debt crisis in Europe. On the news that the situation in the European Union will be discussed today at G-8 leaders' summit in Maryland, S&P 500 contracts expiring in June gained 0.4 percent, to 1,306.9, indicating that the index should

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.