New York Wrap: Platinum and silver lead metals higher
Platinum rose 2.38% and silver 2.11% to lead a broad metals rally into the US close, with Cardano up 4.46% as the day's top gainer.
Platinum rose 2.38% and silver 2.11% to lead a broad metals rally into the US close, with Cardano up 4.46% as the day's top gainer.
Gold fell 3.43% and silver 4.84% into the New York close as crypto bled, led by GRT's 15% drop, while the dollar firmed and US equities slipped.
Altcoins led a risk-off session: GRT fell 15% and UNI 9%, while gold slid 3.4% and silver 4.8%. The dollar firmed and Wall Street drifted lower.
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and Wall Street closed lower across the board.
Brent and WTI surged nearly 7% while platinum, silver and gold sold off and European indices closed lower. Bitcoin Cash led crypto losses.
US Core CPI m/m lands at 12:30 UTC on Sep 11, forecast 0.2% vs 0.2% prior. Here's what the inflation gauge measures and how USD-linked instruments trade now.
Palladium jumped 3.61% and silver added 1.91% as the metals complex led the session, while the yen firmed across the board and US indices closed higher.
Palladium jumped 3.61% and silver 1.91% as the metals complex firmed, while the yen strengthened across the board with NZD/JPY down 1.79%.
US Unemployment Claims land at 12:30 UTC on Sept 3, forecast 205K vs 203K prior. Here's what the release measures and how USD-linked metals are trading.
Oil led the session with USOil up 4.62% while silver, platinum and gold all fell sharply and Wall Street indices closed in the red.
Crude oil surged over 4% while precious metals sold off hard and European equities closed broadly lower as the London session wound down.

Silver (XAGUSD) trades at 66.32 after a 4.07% session drop, sitting 45.47% below its 52-week high with a neutral RSI of 53.6 and mid-range positioning.