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19 Sep 2013
All-year records for metals printing unseen growth in 4 years
FXstreet.com (Chicago) – Metals registered all year-percentage growths not seen in almost 4 years.
The Fed announced no tapering would be made until unemployment rates were low and inflation targets were reached. The markets rallied across the world and the greenback weakened but pulled off a formidable recovery throughout today’s session. Minutes before the closing, Wall Street registers mixed results with the Dow down 0.27%, the Nasdaq up 0.19% and the S&P500 down 0.17%.
Gold soared to register 4.70% gains printing highs at $1,375.40 and lows at $1,358.50 and now trade at $1,369.00. Silver also printed gains to advance 7.68% with lows at $22.86 and highs at $23.45 to now trade at $23.22. Platinum increased 2.78% and trades at $1,465 with lows at $1,461.20 and highs at $1,483.40. Copper is up 1.98% and is offered at $3.3430 printing lows at $3.3110 and highs at $3.3560. Finally, palladium trades at $734.10 and advances 4.41% printing lows at $717.55 and highs at $738.95.
The Fed announced no tapering would be made until unemployment rates were low and inflation targets were reached. The markets rallied across the world and the greenback weakened but pulled off a formidable recovery throughout today’s session. Minutes before the closing, Wall Street registers mixed results with the Dow down 0.27%, the Nasdaq up 0.19% and the S&P500 down 0.17%.
Gold soared to register 4.70% gains printing highs at $1,375.40 and lows at $1,358.50 and now trade at $1,369.00. Silver also printed gains to advance 7.68% with lows at $22.86 and highs at $23.45 to now trade at $23.22. Platinum increased 2.78% and trades at $1,465 with lows at $1,461.20 and highs at $1,483.40. Copper is up 1.98% and is offered at $3.3430 printing lows at $3.3110 and highs at $3.3560. Finally, palladium trades at $734.10 and advances 4.41% printing lows at $717.55 and highs at $738.95.