Precious metals prices were upbeat today with platinum futures rising 0.3% to $976.75 an ounce, while silver futures rose 0.6% to $31,422 an ounce.
The yellow metal rose sharply from two-month lows this week, as the rise in risk-driven assets, in the wake of Donald Trump’s victory in the 2024 presidential election, appeared to be fading as well.
Spot gold rose 0.4% to $2,622.59 an ounce, while gold futures expiring in December rose 0.5% to $2,626.90 an ounce and spot prices rose about 2% on Monday.
Media reports over the weekend said the United States had allowed Ukraine to use long-range missiles to attack targets deeper into Russian territory.
Russia has warned of dire consequences if Ukraine carries out such attacks, as Moscow continues to launch missile strikes on several Ukrainian territories.
