TELETRADER News
5/24, 5:28 PM
(Source: TeleTrader)
Gold, silver advance as uncertainty lingers
Prices of precious metals rose on Tuesday, along with other safe-haven assets such as bonds and the Japanese yen, as the sell-off on Wall Street continued.
The traders were seemingly still worried about inflation, with the sentiment additionally boosted by weak data from the United States.
Gold added 0.76% at 11:27 am ET, selling for $1,867.44 per ounce, while silver jumped 1.39% at the same time to go for $22.1 an ounce.