top of page

Metals News September 4, 2024

4 thg 9, 2024

The USD Index on Tuesday rose to a 2-week high, finishing the session up 0.16%, driven by increased liquidity demand as the stock market plunged. However, gains were limited by August's ISM manufacturing PMI data, which only slightly rose to 47.2, below the expected 47.5, and July's U.S. construction spending data, showing a decline of 0.3%, worse than the anticipated 0.1% decrease.


The December Silver Futures Price dropped sharply. The settlement price on September 3 was $28.344 per troy ounce, down 2.74% from the previous session.


The October Platinum Futures Price also saw a significant drop. The settlement price on September 3 was $909.9 per troy ounce, down 2.39% from the previous session.


The October Copper Futures Price fell. The settlement price on September 3 was $4.052 per pound, down 2.77% from the previous session.


Source: Collected from various sources

Related Posts

A weaker U.S. dollar, improving sentiment across financial markets, and record-high gold prices have all contributed to a recent modest rebound in silver prices.

More upside seen for silver prices in coming months, says UBS

29 tháng 8, 2024

Coffee prices continue to maintain a strong upward trend today.

Coffee News August 29, 2024

29 tháng 8, 2024

The U.S. stock market's decline in Wednesday's session increased liquidity demand for the USD.

Metals News August 29, 2024

29 tháng 8, 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