Metals Watch: Gold, Silver, Platinum, Palladium and Copper Gain |
Gold and other metals prices settled higher overnight, getting a boost from the Chinese central bank’s decision to cut the reserve-requirement ratio for banks in an aim to boost growth.
Gold for April delivery added 0.3% to settle at US$1,264.50 an ounce.
March silver rose more than 0.4% to end at US$17.395 an ounce.
Elsewhere in metals trading, platinum for April delivery climbed 0.3% to settle at US$1,238.90 an ounce, while March palladium firmed 0.5% to end at US$790.20 an ounce.
High-grade copper for March delivery added a penny to US$2.59 a pound.
Elsewhere in metals trading, platinum for April delivery climbed 0.3% to settle at US$1,238.90 an ounce, while March palladium firmed 0.5% to end at US$790.20 an ounce.
High-grade copper for March delivery added a penny to US$2.59 a pound.
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