Metals News September 24, 2024
24 thg 9, 2024
The dollar index rose by 0.14% on Monday. The dollar strengthened as concerns over the Eurozone economy weakened the euro after the Eurozone’s September manufacturing and composite PMI indices contracted more than expected. The dollar retreated from its highest level on Monday after the S&P Global services and manufacturing PMI dropped to 54.4 and 47.0. Notably, the manufacturing PMI was weaker than the expected 48.6, marking the steepest decline in 15 months, indicating a slowdown in U.S. business activity in early September.
The December Silver Futures price fell. The settlement price on September 23 was $31.085 per troy ounce, down 1.3% compared to the last session of the previous week.
The November Platinum Futures price continued its decline. The settlement price on September 23 was $966.1 per troy ounce, down 1.95% compared to the last session of the previous week.
The December Copper Futures price rose slightly. The settlement price on September 23 was $4.348 per pound, up 0.1% compared to the last session of the previous week.
Source: Compiled
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Many commodities in the energy and metals groups simultaneously increased in price, while the agricultural and industrial raw materials markets saw a return of the red.
Commodity markets fluctuated during the early week trading session.
17 tháng 9, 2024
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