Gold and silver move marginally higher heading into the EU open

  • 03/17/2021
  • Source: Kitco
  • by: Rajan Dhall
Gold and silver move marginally higher heading into the EU open
(Kitco News) - Gold has moved 0.20% higher again leading into the EU session and trades at $1734.65/oz. Silver is also up but only marginally as it flirts with the $26/oz figure. 

After inheriting a mixed close for Wall Street bourses in the Asia Pac area moved lower. The Shanghai Composite (-0.03%), Nikkei 225 (-0.02%) and ASX (-0.47%) all closed in the red. Futures are pointing towards a negative cash open in Europe.

In FX markets, the US dollar was up against all its major counterparts but the pound. GBP/USD moved 0.08% higher while, AUD and NZD are both more than 0.10% lower against the greenback. 

In the rest of the commodities complex, copper trades 0.88% higher and spot WTI is 0.76% in the black. All markets are slightly tentative ahead of today's FOMC meeting.
DYNAMIC WEALTH RESEARCH

Analysis and insights into the newest trends and industries shaping the world and your wealth.

The world is more dynamic than at any time in History.
New Markets are opening up. Technology is accelerating. It’s changing everything.

And creating fortunes in the process.

Dynamic Wealth Research exposes the biggest and most profitable changes for our readers.
IMG
SHARE DYNAMIC WEALTH RESEARCH
© 2016 - 2024 DYNAMIC WEALTH RESEARCH, Privacy Policy, Disclaimer