Precious Metals End Week on High Note

All precious metals are posting strong gains today, boosted in part by a good show in oil and a slightly weaker dollar. Gold is currently up 0.5 percent to $1,328.95 per ounce.

In other metals, palladium is up 0.7 percent to $1,090.40/ounce. Silver gained slightly more, up to $17.12 an ounce, an increase of 0.8 percent. Platinum posted the biggest rise of all today, up a solid 1 percent today to $992.10 per ounce. This follows yesterday's trading which saw all precious metals but palladium posting solid gains.

Prices on spot Brent crude oil is looking strong at $69.06 per barrel. The yield on U.S. 10-year treasuries is solid at 2.55 percent. The German 10-year bund is up significantly at 0.53 percent (yesterday was 0.46 percent). The U.S. dollar has slipped on its index, currently quoted at 91.71.