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Palladium Dec 23 (PA=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
1,171.00-1.00 (-0.09%)
As of 08:10PM EDT. Market open.
Full screen
Pre. SettlementN/A
Settlement Date2023-12-27
Last Price1,172.00
Day's Range1,169.50 - 1,174.00
  • Reuters

    Gold slips for eighth straight session on Fed rate-hike worries

    Gold prices crept lower on Wednesday for the eighth consecutive session as elevated U.S. Treasury yields amid expectations that the Federal Reserve will keep interest rates higher for longer continued to weigh on investor sentiment. Gold prices briefly ticked up earlier in the session after U.S. private payrolls increased far less than expected in September. Markets are now pricing in a 24% chance of another 25-basis point rate hike from the Fed this year, according to the CME FedWatch tool.

  • Reuters

    Gold extends fall as strong dollar, higher US rates take toll

    Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a robust dollar and prospects of higher U.S. interest rates took the shine off bullion. The U.S. dollar rose 0.6%, making bullion less attractive to other currency holders. Traders are pricing in a 55% chance that the Federal Reserve will leave interest rates at the current range of 5.25%-5.50% this year, according to CME's FedWatch tool.


    Gold And Silver Prices Teeter Near Support Zones

    Precious metals, including gold, silver, palladium, and platinum, display uncertain market trends, with potential influences from the Fed's stance on interest rates and other global economic cues.