palladium
The price of precious metals experienced a notable increase on Monday, driven by escalating geopolitical tensions between Ukraine and Russia. This development follows recent reports of Ukrainian forces making unexpected advances into Russian border regions, a move that has heightened concerns over the potential intensification of the conflict that began in February 2022. Increased volatility fuels demand for silver, gold, and other metalsThe ongoing conflict between Ukraine and Russia has seen its share of fluctuating tensions, but the latest developments have sparked renewed anxiety among glo...
Invezz
The price of palladium experienced a significant drop on Tuesday, falling 5.53% to $925.78 per ounce. This decline came after the metal reached almost a month-high on Monday, only to surrender those gains as demand appeared to stall and the dollar strengthened. Broad impact on precious metals market The downturn in palladium prices was part of a broader decline in the precious metals market. Gold also saw a decrease, falling 0.37% to $2,325.62 per ounce, while silver dropped 1.36% to $29.18 per ounce. Platinum lost 0.89%, selling for $989.33 per ounce at the same time. This broader decline in ...
Invezz
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