Gold, Silver & Palladium Gain, Platinum Stays Weak
Gold rebounded today, following the
Precious metals also strengthened as the dollar retreated on positive macroeconomic data from the United States. Unemployment claims fell from 392,000 to 369,000 last week and durable goods orders climbed 9.9 percent. The housing market showed signs of improvement.
Gold went up from $1,706.06 to close at $1,712.78 per troy ounce on COMEX today. Silver was up from $31.79 to $32.07 per ounce and palladium rose from $598.35 to $601.00 per ounce. At the same time, platinum dropped from $1,572.25 to $1,564.30 per ounce.
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