The precious metals have gained today on the back of the weakening of the USD and the news of slightly higher than expected initial and continuing jobless claims. Platinum and palladium are the big movers in the complex today as most of the industrial metals have had two relatively strong sessions. Gold and silver have also managed to retrace some of their losses in the last few sessions but are still struggling to hold above $1700 and $34.00 respectively. The positive developments with the Greek debt swap seem to have helped the EUR gain back some of the ground is has lost and put a bid under the European equities. Traders are now looking forward to the Chinese CPI and PPI #’s released tonight and the US NFP #’s coming out tomorrow morning.
Metals | Last | %Change | Low | High |
Au- Apr | 1698.8 | 0.88% | 1683.6 | 1704.8 |
Pt-Apr | 1660 | 2.01% | 1630.3 | 1662.8 |
Pd-Jun | 701.75 | 2.39% | 685.65 | 704.70 |
Ag-May | 33.775 | 0.58% | 33.360 | 34.185 |
London | AM | PM | Minor | PGMs |
Au | 1701.5 | 1690 | Rh | 1525 |
Pt | 1644 | 1634 | Ru | 130 |
Pd | 691 | 696 | Ir | 1100 |
Ag | 34.09 | DJI | 12898.82 | 61.49 |
Currencies |
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| USD | EUR | JPY | GBP |
USD | 0 | 1.3261 | 0.01225 | 1.5819 |
EUR | 0.7541 | 0 | 0.92371 | 1.1928 |
JPY | 81.63 | 108.25 | 0 | 129.134 |
GBP | 0.6322 | 0.83829 | 0.7744 | 0 |
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Crude Brent | 125.34 | Comex Copper | 378.4 |
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Crude WTI | 106.7 | Nat Gas | 2.272 |
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