The prices of precious metals mostly rose on Tuesday, with silver rising above 2% as investors geared up for some important reports on the United States economy, including those on job cuts and employment, with the labor market figures seen as an indication of what the Federal Reserve could do next about interest rates.
Silver jumped by 2.02% at 4:57 am ET to sell for $25.60 per ounce. At that minute, gold grew by 0.42% to go for $2,261.14 per ounce. Platinum gained 0.86%, selling for $913.06 per ounce. On the other hand, palladium decreased by 0.25%, going for $1,001.53.
