11/5/2020, 3:24 PM (Source: TeleTrader)
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Precious metals rise amid virus fears, silver up 3%

Precious metals traded with gains on Thursday as the fears of the possible effects that the fresh batch of COVID-19 containment measures could have on economies worldwide prompted the traders to turn to safe-haven assets.

Gold gained 1.21% at 3:21 pm CET, selling for $1,927.45 per ounce, while silver soared 3.54% to go for $24.75 per ounce at the same time.

A minute later, platinum rose by 2.40% to sell for $892.95 per ounce. Palladium jumped by 4.84% to $2,393.9 per ounce at 3:24 pm CET.

Breaking the News / BU