Silver gained on strong China's demand

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Precious metals ended Friday's session in the positive territory as investors considered that the pace of the US recovery is not fast enough for the Fed to halt its easing programme. However, broadly higher US Dollar as well as persistent inflationary pressure in China cut gains of the commodity complex.

Gold was steady amid hopes the Fed will continue its bond-purchasing activities. However, signs of weak investment demand as well as an appreciation in the US Dollar added pressure on the yellow metal.

Silver traded in green area as recent data indicated an improvement in China's demand for the grey metal. China's silver imports surged by annualized 36% in January, posting the biggest increase since May 2010.

Platinum jumped despite alleviating concerns over supply disruptions in South Africa. Deficit on the physical markets continued to lend support to the precious metal.

Palladium soared as global deficit is likely to be further exacerbated by robust car demand. The metal used for auto-catalysts gained momentum after the data showed car sales in the US and China jumped more-than-expected in January.
Back to articles

Actual Topics

Mon, 11 Mar 2013 09:02:38 GMT

EUR/USD is slighly changed at 1.30

After the U.S. non-farm employment data last Friday the major currency pair decreased heavily, making a new low at 1.2954.

Mon, 11 Mar 2013 10:00:03 GMT

WTI drops amid Saudi Arabia output fall

West Texas Intermediate oil declined from its highest level in more than a one-week period on Monday after a data showed an improvement of Saudi Arabia output and as China's industrial production decreased. April WTI futures dropped 35 cents to $91.60 a barrel on New York Mercantile Exchange and were at $91.74 at 2.02 p.m. Singapore time.

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.