Investors are currently seeking safe haven, which is lifting gold prices. Global uncertainty such as the Taliban takeover, the spread of the Delta variant, and the loss of purchasing power spreads nervousness among investors.
December gold futures rose 90 cents to $1,784 an ounce, up 0.05% and up 0.3% for the week.
Silver metal futures for September delivery fell 11.8 cents to $23.112 an ounce, down 0.51%.
Platinum futures for October delivery rose $23 to $994.2 an ounce, up 2.37%.
Palladium futures for September delivery fell $21.40 to $2,276.50 an ounce, down 0.9%.
Investors are now turning their attention to the August 26-28 Federal Reserve meeting in Jackson Hole, Wyoming.
The main point investors are interested in is the direction of interest rates, and when the start of tapering will be. All of this will shed light on monetary policy going forward.
The Spot Market is Open
Monday.23 Aug-2021
| Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
| Gold 06.10 | 1,777.90 1,778.90 | -2.80 -0.16% | 1,777.60 1,783.40 |
| Silver 06.10 | 23.02 23.13 | 0.00 0.02% | 23.01 23.19 |
| Platinum 06.10 | 988.00 998.00 | -2.00 -0.20% | 988.00 1,003.00 |
| Palladium 06.10 | 2,205.00 2,355.00 | -3.00 -0.14% | 2,196.00 2,360.00 |
| Rhodium 05.00 | 15,100.00 17,100.00 | 0.00 0.00% | 15,100.00 17,100.00 |
| Energy Updated at | Price | Change | %Change |
| Crude Oil 06.10 | 62.26 | +0.12 | +0.19% |