On NYMEX for the first time since August 3 Pd trump price of $ 621.00 per ounce.
Current deals in futures for September move in a narrow range $ 599.60 - $ 621.00. Only in intraday ounce on NYMEX rose by $ 9.15. Solid support for the metal feels by Platinum, which broke through the psychological resistance of $ 1,000 an ounce. Directly influenced by rising interest in precious metals, especially after the sudden devaluation of the yuan by about 2% by the Chinese central bank (PBoC). European stock markets reacted quickly to the downturn, because the weak yuan would impede the work of companies that export to China, and at the same time support Chinese exports. Is strong echo in Australian mining - mining industry. Quotes company BHP Billiton PLC declined rapidly with -1.16%.
Most likely today growth Palladium be limited to resistance $ 625.00 an ounce at possible support not less than $ 595.00. (Weakest since August 2012 Pd was $ 586.55 per ounce, which was reached on 4 August 2015.)
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