Precious Metals Sell-Off Surges
Kitco reported a sell-off of precious and base metals has been triggered by a bull market on the COMEX and NYMEX.
Kitco reported a sell-off of precious and base metals has been triggered by a bull market on the COMEX and NYMEX.
Bloomberg reported CME Group Inc. (NASDAQ:CME) cut margins for silver and copper futures on the Comex and palladium on the New York Mercantile Exchange.
SMH reported precious metals fell on Wednesday including palladium futures.
Kitco reported speculators shunned precious metals by reducing their exposure to U.S. futures and options contracts traded on the Comex division of the New York Mercantile Exchange.
Kitco reported precious metals, including palladium, rose on the NYMEX in futures trading.
Kitco reported spot palladium prices rose on Monday while palladium futures fell for the week.
SMH reported palladium tumbled as the dollar strengthened along with most commodities on Wednesday.
Bloomberg reported precious metals dropped as a rebound in global equities eroded demand for an alternative assets while palladium rose.
Bloomberg reports that palladium and other precious metals moved up today on a weaker dollar.
Bloomberg reports that platinum, palladium, silver and gold fell today as investors sold equities to raise cash.
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