Daily Spot Price Update 4/11/2017

Metal Open Close Change
Gold $1257.95 $1277.03 + $19.08
Silver $18.02 $18.41 + $0.39
Platinum $948.60 $970.90 + $22.30
Palladium $794.33 $806.38 + $12.05

Summary

All metals saw significant increases on 4/12.

Gold is Rallying

Tuesday saw gold rally to the highest levels in nearly five months. This comes during a time of uncertainty following America’s air strike on Syria, questionable US relations with Russia and North Korea, and the upcoming French presidential election. It’s feared that the likely candidates for the election might destabilize the European Union and/or the euro. Because investors are on edge and the dollar has softened a bit, the current geopolitical climate has been supportive of gold prices increasing.

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