top of page

Metals News October 2, 2024

2 thg 10, 2024

The dollar index rose by 0.4% on Tuesday and reached a 1-1/2 week high, supported by the weakening of the euro due to Eurozone consumer prices rising at the slowest pace in 3-1/2 years. U.S. JOLTS job openings for August increased by 329,000 to 8.04 million, indicating a stronger labor market compared to the expected 7.693 million. The U.S. ISM manufacturing index for September remained unchanged at 47.2 from August, weaker than the expected rise to 47.5.

 

The December Silver Futures prices increased. The settlement price on October 1 was 31.742 USD/troy ounce, up 0.9% from the previous session. 

 

At the close of trading on October 1, the November Platinum Futures prices settled at 993.6 USD/troy ounce, up 0.94% from the previous session. 

 

The December Copper Futures prices recovered. The settlement price on October 1 was 4.589 USD/pound, up 0.79% from the previous session.


Source: Compiled

Related Posts

The U.S. stock market rose in Monday’s trading session despite the Fed Chair's cautious stance on interest rate cuts.

Economic News October 01, 2024

1 tháng 10, 2024

After the grain inventory report revealed lower-than-expected figures, the agricultural commodity market experienced strong buying interest, with several items seeing simultaneous price increases. At the close of trading, the MXV-Index dropped slightly by 0.21%, settling at 2,205 points.

Cocoa prices plummeted, while corn prices surged after the inventory report

1 tháng 10, 2024

This decline followed weaker-than-expected reports on U.S. personal income and spending, which negatively impacted the dollar.

Metals News September 30, 2024

30 tháng 9, 2024

Related Post

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add paragraph text. Click “Edit Text” to update the font, size and more. To change and reuse text themes, go to Site Styles.

Add a Title

bottom of page