Home » today » Business » On Thursday of this week, prices for gold and silver are on the rise concurrent with the drop in the dollar value for precious metals.

On Thursday of this week, prices for gold and silver are on the rise concurrent with the drop in the dollar value for precious metals.

The global trading market witnessed a state of extreme volatility after the release of inflation, unemployment and producer prices data for the United States of America, which confirmed the US Federal Reserve’s inability to raise interest rates, according to what market participants priced today, Thursday, April 13, and it bounced back on trading indicators.

This spurred investors to exit an area dollar To the euro and precious metals to hedge against what is to come, which analysts suggest as a new economic recession in the largest market priced in dollars.

In this report, “The Week” monitors the most prominent findings of the market indicators.

to retreat dollar indexwhich measures performance U.S. dollar Against a basket of currencies consisting of six major currencies, including the euro, the Japanese yen, the pound sterling, the Swiss franc, the Canadian dollar and the Swedish krona, by 0.47% to the range of 100.70 points.

Euro price

The price of the euro rose against the US dollar today, Thursday, by 0.53%, to 1.10 US dollars.

Sterling pound

The pound sterling rose against the dollar by 0.33% to $1.25 per pound.

gold price today

The price of gold jumped today, Thursday, April 13, by 1.17%, to $ 2038, in spot contracts for the metal.

With gold futures, the price of an ounce ranged around $2,053 for June delivery.

Silver price today

While silver contracts rose today, Thursday, by 1.83%, to $ 25.92 per ounce of silver.

aluminum price

Today, Thursday, the price of a ton of aluminum increased by 1.98% to $2,371.

Copper price today

On Thursday, copper futures prices jumped 1.22% to $4.13 a pound.

Platinum price today

On Thursday, platinum prices jumped by 3.43% to $1062 an ounce.

Palladium price today

The price of palladium rose by 3.61% to $1508 an ounce.

Lead price today

And he increased Lead price today Thursday, April 13, by 2.59%, to $2,141.

Also read..

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