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Platinum prices declined in European trade on Thursday, sharpening losses for the fourth straight session and plumbing a two-week trough as demand declines on non-yielding assets following the Federal Reserve's last meeting minutes. Concerns are growing about weak actual demand on the metal, especially in China as industrial activities slow...
Platinum prices declined in European trade for the second session to three-month lows as the dollar strengthened against a basket of major rivals following strong US inflation outlook data. Industrial metals remain under pressure from negative outlook for actual demand as the global economy faces recession risks. Prices Today Platinum...
Palladium prices fell on Thursday, as the US dollar rose against its peers, which weighs down on industrial metals in addition to political tensions in the US. Thousands of Trump supporters yesterday stormed the US Capitol building to protest the session that declared Joe Biden the new President of the...
Platinum prices fell nearly one percent in Asian trade off August 19 highs as the dollar index climbed from April 2018 lows, ahead of US data later today. As of 05:52 GMT, platinum prices fell 0.86% to $,938.64, while the dollar index rose 0.16% to 92.36. From the US, private...
Platinum prices tilted higher in Asian trade to June 10 highs as the dollar index backed off June 2 highs for the fifth session out of seven, as Covid 19 cases continue to surge in North and South America. As of 05:44 GMT, platinum prices rose 0.43% to $843.40 an...
Platinum prices tilted higher during the Asian session on Friday, to continue rebounding from the lowest since August 28 for for the seventh session in 9, shrugging off the US dollar's rebound from its lowest since November 5 for the sixth straight session, despite the inverse relation between them, ahead...
Platinum prices shed nearly 1% during the Asian session on Friday, to continue bouncing off the highest since Nov.7 for the second straight session, but still heading for the second weekly gain, while the US dollar rebounded from its lowest since Nov.5, ahead of the release of several US economic...
Platinum prices tilted lower on Thursday, to continue for the second session to bounce back from the highest since November 7, as the US dollar continues to recover from its lowest since November 5 for the fourth straight session, in line with the inverse relation between them, while market participants...
Platinum prices tilted lower on Wednesday to decline for the second session in 6 from the highest since November 7, as the US dollar continues its rebound from its lowest since November 7 for the third straight session, in line with the inverse relation between them, while market participants await...
Platinum prices soared today, to extend gains as safe-haven demand surged on precious metals, while the market focus turned to corporate earnings results and next week's Federal Reserve meeting. The European Central Bank kept interest rates on deposit unchanged at -0.5% yesterday, and announced it will continue the assets purchasing...
Platinum prices rose today on increased haven demand on it as a precious metal amid uncertainty about the upcoming US-China trade talks round. The US Treasury Department has blacklisted 8 Chinese tech companies today, which bans the US companies from dealing with them. The decision increased uncertainty about the upcoming...
Platinum prices rose today amid positive stability for the dollar index against a basket of major currencies, after it sharply rose yesterday and President Trump's comment on it. While the Institute for Supply Management showed yesterday that the US manufacturing PMI fell to 47.8 points in September (its lowest since...
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