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Palladium Dec 23 (PA=F)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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1,251.50-27.00 (-2.11%)
At close: 04:59PM EDT
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Pre. SettlementN/A
Settlement date2023-12-27
Last price1,278.50
Day's range1,248.00 - 1,299.00

    Gold And Silver Prices Teeter Near Support Zones

    Precious metals, including gold, silver, palladium, and platinum, display uncertain market trends, with potential influences from the Fed's stance on interest rates and other global economic cues.


    Gold prices retreat as U.S. Fed signals tighter monetary policy

    Gold prices experienced a dip on Thursday, influenced by the U.S. Federal Reserve's hardened hawkish policy stance. This led to a stronger U.S. dollar and higher bond yields, which further discouraged the buying of non-interest-paying bullion. Spot gold slid by 0.3% to $1,924.68 per ounce, and U.S. gold futures fell by 1.1% to $1,944.90.


    Gold Prices Show Slight Dip Ahead of Anticipated Federal Reserve Decision

    Gold prices experienced a minor decline on Wednesday as investors adopted a cautious stance in anticipation of the Federal Reserve's imminent interest rate decision. The precious metal's price was further pressured by an increase in U.S. Treasury yields and a robust U.S. Dollar, with spot gold dipping by 0.1% to $1,930.22 per ounce, and December gold futures also declining by 0.1%, reaching $1,950.95 per ounce at 00:28 ET (04:28 GMT).