Precious metals surged, posting gains across the board, with gold, platinum, and palladium each climbing over 3% by the end of October 17th’s trading. Gold posted gains around $40 per ounce, marking its biggest one-day rally in a month. Also giving a boost to gold, a weak U.S. dollar index, which plummeted overnight to an 8-month low against the Euro.
Reference: http://www.meritgold.com/merit-gold-news-network-detail/merit-gold-news-network-october-17-2013
Comments