10/19, 9:37 AM (Source: TeleTrader)
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Precious metals advance, silver surges over 2%

Prices of precious metals increased on Tuesday, with silver gaining over 2%. The investors turned to the safe-haven assets, seemingly prompted by the United States dollar's decline versus the major currencies, as well as the mounting worries over the rising number of coronavirus infections.

Gold jumped 0.86% to $1,779.9 per ounce at 3:35 am ET, while silver gained 2.06% to go for $23.67 a minute later. Platinum advanced by 1.84% to $1,057.82 an ounce at 3:36 am ET, with palladium soaring 3% to $2,075.76 per ounce.

Breaking the News / BU