Top Stories This Week: Case for Uranium Builds, Palladium Breaks Records

Top Stories This Week: Case for Uranium Builds, Palladium Breaks Records

It was a week of bumpy trading action for the gold price, which moved between about US$1,760 and US$1,790 per ounce during the period.

Market participants were eyeing Wednesday’s (April 28) US Federal Reserve meeting, but there were no major surprises — the central bank left interest rates unchanged and will keep its bond-buying program steady. Gold dropped initially on the news, but then quickly rebounded.

While it’s always good to keep an eye on gold, it’s also worth noting that palladium reached yet another all-time high this week, rising above the US$3,000 per ounce mark for the first time.

Did You Know That Uranium Was A Top Commodity In 2020? Don’t Miss Out This Year With Our Exclusive FREE 2021 Uranium Outlook Report! The metal is key in catalytic converters, which are used to reduce vehicle emissions, and its price is being affected by both demand- and supply-side issues.With […]

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