Palladium rises, but remains below $2,000

2020-06-03 14:35:26 GMT (Economies.com)
Palladium rises, but remains below $2,000

Palladium futures rose on Wednesday, as civil unrest in several US cities and states continued, while the dollar fell against most currencies, but Palladium is still the $2,000 psychological threshold.

 

Protests and riots continued to escalate in several US states, which come after the killing of an African-American citizen at the custody of the local police that ignited the protests and and looting of shops due to the incident's racist origins.

 

While investors are focusing about the continued economic reopening measures and the easing of the coronavirus lockdown, after closing for several months and the loss of millions of jobs.

 

The dollar index fell against a basket of currencies by 0.2% to 97.5 points as of 13:22 GMT, after it hit a high of 97.6 and a low of 97.2.

 

Palladium June futures rose 1% to $1,954 an ounce, with a high of $1,954 and a low of $1,942.3.

 
 
 
  Symbol Last Change Chg.%
1.1246
-0.0031
0.2718%
1.2486
0.0178
1.4462%
Tadawul
7388.49
76.25
1.04%
18.047
0.268
1.507%
40.285
1.510
3.894%
42.80
-0.34
0.79%
1774.730
3.115
0.176%
 
 
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