Gold is down .. Palladium is at its highest level



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Mark PALLADIUM on Godudu PALLADIUM Electric – Band Tourism / Geographic / Geographical Tourism A record of 1621.55 dollars the ounce before giving a portion of his earnings to 1617.30 dollars at the end of the session.

"It's a precious metals analyst at Standard Chartered," said Suki Cooper, a precious metals analyst at Standard Chartered Bank. "With regard to the key factors for platinum and palladium in particular, wage negotiations are under way in South Africa.

He added: "Our main problem is not waiting for a major supply disruption, but since the palladium market is already insufficient, any additional production loss is likely to lead to further tightening of the market. ".

Palladium has increased by about 28% so far this year.

And trimmed D & # 39; gold Its gains after a Bloomberg report revealed that officials of the administration of US President Donald Trump were considering proposing a limited trade deal to China, which could delay or cancel certain fees, in exchange for property rights guarantees. intellectual property and agricultural purchases.

Spot gold prices increased 0.1% to $ 1,498.66 per ounce, while gold futures increased 0.3% to $ 1,507.40 'ounce.

Of the other precious metals, they fell Money 0.02% to 18.07 dollars an ounce, while platinum rose 0.5% to 949.00 dollars an ounce.

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Palladium hit a record $ 1621.55 per ounce before yielding a portion of its earnings to $ 1617.30 at the end of the session.

"With regard to platinum and palladium fundamentals in particular, wage negotiations are under way in South Africa," said Suki Cooper, Precious Metals Analyst at Standard Chartered.

"Our main problem is not to expect a major disruption of the supply, but since the palladium market is already insufficient, any further production loss is likely to lead to further strain on the market. the market."

Palladium has increased by about 28% so far this year.

After releasing a Bloomberg report, the gold said that US President Donald Trump's administration officials were considering proposing a limited trade deal to China, which could delay or cancel some fees, in exchange for guarantees of intellectual property rights and agricultural purchases.

Spot gold prices increased 0.1% to $ 1,498.66 per ounce, while gold futures increased 0.3% to $ 1,507.40 'ounce.

Among the other precious metals, silver fell 0.02% to 18.07 dollars an ounce, while platinum rose 0.5% to 949.00 dollars an ounce .

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