Gold was hovering near a three-month
high on Thursday as
investors weighed prospects for further cuts to U.S. stimulus and signs of
waning physical demand. Silver headed for the longest run of advances since
2008.
Bullion for immediate delivery
traded at $1,291.55 an ounce at 10:23 a.m. in Singapore from $1,291.18
yesterday, when prices climbed to $1,296.32, the highest level since Nov. 8.
Gold is up 7.1 percent this year after a 28 percent slump in 2013 that was the
biggest annual drop since 1981.
Silver added 0.2 percent to
$20.2888 an ounce, increasing for a tenth day. Platinum slid 0.1 percent to
$1,405.38 an ounce, halting a four-day climb. Palladium was at $728.75 an ounce
from $729.06 yesterday, when prices capped a sixth day of gains in the longest
winning streak since July.
Get
daily updates on MCX Market and Free MCX Bullion Tips on mobile with best
accuracy. All services are provided through SMS and Instant Messenger. For more
information visit us at http://www.capitalheight.com/bullion-premium.php .
No comments:
Post a Comment