Precious metals advance amid rebound struggles22 Oct 2021 15:59
Prices of precious metals moved higher on Friday seemingly prompted by the United States dollar's slight decline, as well as somewhat pessimistic data regarding Eurozone's and Germany's economic recovery.
On the COVID front, Germany's daily infections reached a five-month high, while Russia continued the grim trend of posting record levels of both new cases and fatalities.
Gold jumped 1.31% to sell for $1,806.43 per ounce at 9:35 am CET. Silver strengthened 1.86% to sell for $24.61 per ounce a minute later and platinum added 1.52% to go for $1,068.94 per ounce. A minute after that, palladium was up 0.35% to sell for $2,026.5 per ounce.
Breaking the News / BU