Prices of precious metals increased on Tuesday after several economic data reports out of the United States failed to meet expectations. Fears about the state of the world's strongest economy could be pushing traders toward assets considered safe in times of instability.
Gold increased by 1.35% to $1,981.34 per ounce at 10:23 am ET. Silver gained 0.62% and reached $25 per ounce at the same time. Platinum advanced 1.32% to $993.21 per ounce at 10:24 am ET. Palladium climbed up 2.12% to $1,299.35 per ounce concurrently.
