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4/13/2017, 12:04 PM (Source: TeleTrader)
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Gold, silver rise to highest since Trump's election

Uncertainty over the prospects for United States–led military interventions in Syria and the Korean peninsula, as well as the upcoming referendum in Turkey and presidential election in France, kept driving investors to safe haven assets such as the yen and precious metals on Thursday.

Gold and silver hit $1,288.42 and $18.61 per ounce, respectively, levels unseen since November 11, right after Donald Trump was elected to become US president. The yellow metal was 0.11% in the green, at $1,288 per ounce, at 12:13 pm CET. At the same time, silver added 0.51% to trade at $18.58, platinum rose 0.15% to $976 and palladium added 0.62% to trade for $807.5 for one troy ounce.

The dollar shed 0.09% to ¥108.944 at 12:15 pm CET, compared to the session low of ¥108.732, the weakest point since November 17.

Breaking the News / IT