Precious Metals And Silver Rise At Their Highest Level In 6 Months

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.

Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the ...

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