(Kitco News) - Ahead of the European open gold and silver are both trading higher. The yellow metal is 0.13% higher still just under $1800/oz. Silver is roughly flat at $24/oz. In the rest of the commodities complex, copper fell -0.76% while spot WTI move half a percent into the black.
On the risk front, the Nikkei 225 (-0.43%), ASX (-0.63%), and Shanghai Composite (-1.10%) all traded in negative territory. Futures in Europe are also pointing towards a negative open.
In FX markets, the biggest mover was AUD/USD after the RBA announcements, the pair fell over -0.60%. Elsewhere, USD/JPY (-0.28%) also struggled due to the aforementioned risk environment. In the crypto space, BTC/USD continues to hold above $60k to rise 1.31%.
Gold and silver move higher ahead of the European open
gold and silver (cover) by Destina is licensed under Adobe Stock
gold and silver (cover) by Destina is licensed under Adobe Stock