Palladium dips on profit-taking

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/Reuters
Precious metals apart from platinum halted their rally on Tuesday as a recent price increase prompted investors to lock in profits. At the same time, broadly weaker US Dollar coupled with speculation that the Fed will continue its easing measures lent some support to the commodity group. Meanwhile, traders awaited the FOMC statement due on Wednesday.

Gold retreated, being pressurized by profit-taking after previous rally. However, the downswing was restricted as hopes that the Fed will stick to its ultra-loose monetary policy continued to lift the yellow metal.

Silver dipped amid mixed global equities and soft greenback. Meanwhile, profit-booking as well as uncertainty over financial health of the Eurozone pushed the grey metal down.

Platinum was the only gainer, being boosted by the US Dollar weakness and anticipation of the Fed comments.

Palladium slid 1.05% on profit-taking. However, the white metal remained the top-performer on monthly basis, rallying 14.29% over the last four weeks.

Back to articles

Actual Topics

Wed, 12 Dec 2012 07:55:53 GMT

Coffee climbs after ICO comments

Rural commodities were mixed on Tuesday with softs moving higher and grains declining. Softer greenback was supportive for the commodity group. At the same time, USDA World Supply and Demand report sent grains lower. Meanwhile, the International Coffee Organization comments boosted coffee prices.Wheat was the top-loser after the USDA raised global production estimate to the high end of market consensus,

Tue, 11 Dec 2012 17:40:52 GMT

Japanese equities drop as Earthquake expected

Japanese shares dropped led by shrinking Utilities sector as an earthquake may be distract functioning of a nuclear reactor, therefore power suppliers are pulling back the stock market today. Experts say prospects for restarting the nuclear reactors are deteriorating, thus increasing the cost of electricity. That in turn could negatively affect raw-material companies. The Nikkei 225 Stock Average (NKY) dropped

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.