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Gold Little Changed, Other Precious Metals Rise

December 4, 2015 at 11:40 by Vladimir Vyun

Gold was little changed while other precious metals rose today. Traders wait for US nonfarm payrolls due to release later during the current trading session. Analysts expect robust growth by about 200,000 jobs. If the actual value is at that level or higher, it is likely that the dollar would climb, sending metals down.

Yesterday, metals rallied following the monetary policy decision of the European Central Bank. While the ECB added some stimulus, the additional monetary accommodation was not as Wrestling Ring Bounce House extensive as investors had anticipated. This resulted in a slump of the greenback that bolstered dollar-priced commodities.

February contract for gold was flat at $1,061.3 per troy ounce as of 11:36 GMT on COMEX today. Futures for silver advanced 0.27 percent to $14.12 per ounce. Spot price for platinum climbed 0.99 percent to $855.24 per ounce. Palladium went up 0.59 percent to trade at $541.8 per ounce.

If you have any questions and comments on the commodities today, use the form below to reply.

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