Palladium tops $2,300, silver exceeds $72 as gold steadies near $4,500 per ounce
BusinessLine·2025-12-24 14:39
Silver exceeded $72 an ounce on Wednesday, even as platinum surged past $2,350. Palladium shed its gains, while gold hovered near $4,500 an ounce after topping the mark in early trade.The precious metals complex gained further as escalating tensions over Venezuela added to the market worries, apart from fears of further US Fed rate cuts and lack of confidence in the dollar. US President Donald Trump announced that Washington will impose a blockade on sanctioned oil tankers entering and leaving Venezuela. Th ...