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Precious metals and silver rise at their highest level in 6 months

2019-01-30 11:28 am | Resource: NEWS | No Views : 253



Precious metals traded in the Green Zone on Wednesday as silver jumped 3.92% to trade at $ 15.92 an ounce at 3:54 am, reaching its highest level since July 13

Gold prices rose to an eight-month high as the Federal Reserve meeting, which started yesterday and continues for today, looks ahead to the start of a meeting of Chinese and US trade negotiators. . Under the ongoing negotiations of Huawei, which asked the United States to hand over its chief financial officer Meng Wanzhou on Tuesday, increasing the likelihood of a bricast does not have forced investors to resort to minerals.

Wall Street is trading in green on the retail market

Markets in the US rose on Wednesday in pre-sales, with the Dow Jones gaining 75 points. US Treasury Secretary Stephen Menochin said earlier that the relevant economic signs do not indicate a recession in the future. Market watchers expect earnings reports scheduled by many major companies, such as NASDAQ. And Boeing. McDonald's Corporation, Microsoft Corp, Visa, Facebook and Tesla.

US Futures
 
  • The Dow Jones Industrial Average rose 0.30%.
  • The Nasdaq 100 rose 0.74% during pre-market trading.
  • The Standard & Poor's 500 Index rose by 0.25% previously.

Dollar Trading
 
  • The Euro was slightly lower against the US Dollar, losing 0.03% to trade at 1.1430
  • While the pound gained 0.27% compared to the US dollar to 1.3113.

Precious metals trading
 
  • Spot gold rose 0.15% to reach $ 1,313.52 an ounce at 4:19 CET
  • While silver jumped 0.53% to $ 15.92 an ounce at the same time.
  • At the same time, platinum rose 0.20% to sell at $ 816.48 an ounce at 4:20 am CET
  • While palladium traded flat, up 0.01% to change from $ 1,368.33 an ounce at 4:21 am.


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