Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
NEW YORK (AP) -- Precious metals are rising, with gains being driven by a decline in the dollar. Silver and gold are both trading at their highest in more than a month.
Palladium led the gains, rising $16.30, or 2.5 percent, to $667.60 an ounce.
Most commodities are priced in dollars, meaning that when the value of the currency falls, producers demand more dollars in exchange for their commodities.
The price of coffee was the only commodity to fall as traders bet that favorable weather in Brazil will produce a good crop.
Wheat, corn, and soybeans all advanced.
Trading volumes were lower Friday and the markets closed earlier than usual with many traders still on vacation after yesterday's Thanksgiving holiday.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.