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Precious metals record contrast and palladium records a new high

2019-03-20 10:10 am | Resource: News | No Views : 74



 The palladium hit a new record for a third straight day, jumping to $ 1602.12 an ounce on Tuesday. While gold and silver fell ahead of the Fed's decision

Wall Street futures rise ahead of Fed decision

Markets in the US were in the green zone as they traded on the pre-market market on Wall Street on Wednesday as investors waited for the Federal Reserve rate decision to be made later in the day. On the war front, US Trade Representative Robert Leitzer and Treasury Secretary Stephen Menuchin are due to head to Beijing next week in what media reports call the "final stages" of negotiations between the two most powerful economies in the world.

At the same time, US President Donald Trump confirmed that the talks with China were going well, after meeting with his Brazilian counterpart Gir Paulsonaro yesterday.

Fiat Chrysler Motors (FCA) announced earlier that it will remember nearly 900,000 cars due to emissions problems, an attempt to replace catalytic converters containing precious metals.
 
  • The Dow Jones Industrial Average rose 0.11% during the pre-market period at 11:22 CET.
  • While the Nasdaq 100 rose 0.13% at the same time.
  • The broader Standard & Poor's 500 index gained 0.09% at 11:23 CET.


Precious metals trading
 
  • Platinum was also in the green zone, rising 0.79% to $ 859.16 an ounce at 10:47 CET.
  • Gold fell 0.25% to go against $ 1,303.32 an ounce at 10:48 CET.
  • While silver fell 0.47%, for hands trading at $ 15.31 an ounce at the same time.


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