Palladium advanced despite strong USD

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Precious metals were mixed on Thursday as Fed announced that new round of quantitative easing is highly unlikely despite softer than expected labour and manufacturing data.

Gold ended the day on a negative note as persistent turmoil in the Eurozone pushed  EUR/USD to two-year low of 1.2314.

Silver followed bearish trend amid weakness of global equities and rallying US Dollar.

Platinum managed to climb by more than 1% as recent production halt at Impala Platinum Holdings Ltd. weighted on global platinum supply.

Palladium tacked the platinum's gains as market participants continued to increase long-term investments palladium.

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Fri, 01 Jun 2012 13:43:09 GMT

Copper slid on potential supplies increase

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