Silver gains on global stimulus hopes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Precious metals prolonged their rally on Tuesday on hopes that central banks across the globe will provide more stimulus measures to boost economic expansion. The Word Bank lowered its global growth estimate from 3% to 2.4% for 2013, citing slower-than-expected recovery of the developed nations.  However, gains were capped as upbeat US retail sales data sent the greenback higher.

Gold climbed on global easing expectations. The yellow metal rallied for the second-consecutive day after Ben Bernanke said that easy monetary policy is likely to stay in place. Moreover, strong physical demand from China ahead of Lunar New Year holiday added to gains of the precious metal.

Silver added more than one percent on hopes for stimulus measures by the central banks worldwide. Additionally, signs of stronger investment interest in the grey metal also spurred the rally. The latest data indicated that ETP silver holdings surged 4.8 tonnes to a record high of 19,065 metric tonnes.

Platinum and Palladium continued to gain inspiration from strong industrial demand and a deficit on the physical markets. Platinum's deficit may attain 575,000 tonnes this year, the largest deficit since 1990, reported TD Securities.


Back to articles

Actual Topics

Wed, 16 Jan 2013 09:39:12 GMT

Copper dips on slowing China's demand

Industrial metals were mixed on Tuesday amid broadly stronger US Dollar and weak reading of the Empire State Manufacturing Index. Lingering concerns over the US debt ceiling debate also weighed on the market sentiment. At the same time, speculation that more pessimistic outlook on the global growth will stimulate easing measures by the world largest economies provided support for base

Wed, 16 Jan 2013 12:38:05 GMT

U.S. stocks gain on rallying retail and transportation companies

U.S. equities rallied on Tuesday, as an increase in retail and transportation firms offset rising concerns about raising the debt ceiling. The S&P 500 gained 0.1% to 1,472.34 after retreating 0.5% earlier in the session. Six out of ten groups in the benchmark gauge edged higher with consumer services jumping 0.55%, the most in the index. Dell Inc. capped

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.