Tuesday, October 10, 2017

Gold at two week low falling platinum

Gold at two-week low, falling platinum, palladium grows

In anticipation
Released American reporting on the market
Labor gold again reduced and is
at two-week low. By 13.41 MSK
December futures fell again
to 0.70% and is worth 1 105.90 per troy
ounce.


The past
week is likely to be for the most gold
unsuccessful in the past seven months: to
So far in relation to the 27
September metal lost 3.46%. traders
It expects that the statistics hint at the likely
terms increase in the base interest
US Fed rates. If rates rise,
it presses on gold as non-interest
assets.


experts
hoping that some of the pressure on
Gold comes off due to the slow pace of the promised rate of growth.


Up to $ 888
per ounce fell today
Platinum - the lowest level since
December 2008. For the last week
metal lost as much as 5% - this is the biggest
decline over the last year. platinum hit
diesel scandal with Volkswagen.
The fact that this metal
Catalysts used in the manufacture
for diesel engines, and there are serious
fears that the demand for it will decrease.


Palladium,
Meanwhile, the only one among the precious
Metals, who started the growth. He grew up on
2.2% up to $ 687 for
ounce, and earlier touched a three-month
a maximum of $ 693
per ounce. This metal, in contrast to its
less fortunate "diesel" colleagues -
platinum - used in catalysts
for petrol engines.






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