Despite the markets being mostly flat towards the end of today’s trading session, Silver, Gold, Platinum have end the day as top gainers.
Commodity markets are flat — Natural Gas slipping 12.15% and closing at $6.1. Crude Oil drawing back 2.87% to $89.6.
Current market events are being influenced by ambiguous macro data as United States 3-Year Note Auction released today at 18:00 UTC with a figure of 4.605, while the previous figure was 4.318.
Though yesterday was a flat session for markets, some commodities are managing to increase in value. Take a look at our top gainers.
CME Gold | +2.14%; session high: $1,720.4 session low: $1,667
3 days and $53.2 of gains were not enough. Consistent for now — Gold rallies $36 (2.14%) deep into the session, trading at $1,716.5 per ounce.
CME Platinum | +2%; session high: $1,015.8 session low: $979.1
Platinum is on a 3 day bullish run gaining $65.3 (9.22%). Heading in the same direction for now — tentatively higher from an earlier low of $979.1, the Platinum future is up to $1,009.3 per troy ounce today, adding $19.9, or 2%, to yesterday’s closing price of $989.4.
The CME Silver future | +2.63%; session high: $21.72 session low: $20.57
Silver hit a significant low of $17.67 around 2 months ago, but has since recovered 18.39%.