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Gold, Platinum and Palladium Rise Monday, June 29
In kicking off the new trading week Monday, silver declined while gold, platinum and palladium gained. Gold finished less than $1 away from a more than seven-year high. Gold for August delivery edged up 90 cents, or 0.05%, to settle at $1,781.20 an ounce on the Comex division of the New York Mercantile Exchange. The settlement was the highest since last Tuesday, June 23. "There is still some safe-haven demand underpinning the yellow metal amid heightened concerns about the Covid-19 pandemic and a second wave hitting global economies," Jim Wyckoff, a senior analyst at Kitco Metals Inc., said in a daily research ... (full story)