Precious metals prices are little changed this morning, with spot platinum up 0.4% at $1,006.50 per oz, while the rest are either side of unchanged with gold prices at $1,231.10 per oz.
Gold prices have continued to show strength by extending the rally in recent days, silver and platinum have been following gold’s lead while palladium continues to trade its own fundamentals. Given the strength in the precious metals of late, we would not be surprised if the stronger dollar proves to be a headwind, but overall we expect the geopolitical uncertainty to underpin uptrends in the precious metals.
Source: The Bullion Desk
