CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Precious metals under pressure

18:22 12 May 2022

Precious metals fell sharply during the second part of today's session, with palladium and silver being the top laggards, which were pressured by the stronger US dollar. Concerns about recession and uncertain situation in China overshadowed duties imposed on Russian raw materials. It is worth remembering, however, that Russia accounts for 40% of global palladium supply, and both commodities are important components of developing trends in the global economy. At the moment, silver is trading 2.71% lower, while palladium fell 5.88%.

The performance of silver and palladium against the US dollar index. Interval H4. Source: xStation5

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