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[size=30]After the big losses .. Gold is recovering[/size]
02/03/2018 09:54 | Number of readings:
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Gold recovered from losses to close little changed after recording a two-month low under pressure from the dollar's rise to a six-week high.
Palladium and platinum fell to their lowest levels in two months, continuing losses earlier in the week when a German court ruled that cities could ban more polluting diesel cars on their streets. The mineral is used in diesel-powered exhaust purifiers.
The price of gold for immediate sale ended the session in the US market little changed at 1317.52 dollars an ounce after falling earlier in the session to 1304.61 dollars, the lowest level since January 2.
US gold contracts for April delivery fell 1 percent to settle at $ 1305.20 an ounce.
Among other precious metals, spot silver rose 0.21 percent to $ 16.44 an ounce after hitting its lowest level since Dec. 22 at $ 16.16..
Platinum fell 1.77 percent to $ 965.60 an ounce after touching a two-month low of $ 950.50.
Palladium fell 5.23 percent to $ 987.72 an ounce after hitting a two-and-a-half-year low of $ 976.
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