The prices of precious metals increased on Thursday as investors assessed the latest rise in mortgage applications in the United States and awaited the reports on initial jobless claims and inflation in that country, with the latter scheduled for the coming week, while trying to figure out how that would affect the Federal Reserve's new decision on interest rates.
Gold grew by 0.97% at 6:58 am ET to sell or $2,406.17 per ounce. At that moment, silver gained 1.31% to go for $26.96 per ounce. A minute later, platinum went up by 0.52% to sell for $922.98 per ounce. Meanwhile, palladium rose by 0.47% to go for $882.49 per ounce.
