Metals News September 5, 2024
5 thg 9, 2024
The Dollar Index today dropped by 0.41%. The dollar weakened after the U.S. trade deficit in July widened to 78.8 billion USD, higher than the 73 billion USD deficit in June and marking the largest deficit in 2 years.
A report from the U.S. Bureau of Labor Statistics on September 4th showed that job openings in July reached only 7.67 million, the lowest since January 2021 and significantly lower than the 8.1 million job openings forecasted by analysts before the report was released.
The December Silver Futures price increased slightly. The settlement price on September 4th was 28.557 USD/troy ounce, up 0.75% compared to the previous session.
The October Platinum Futures price decreased slightly. The settlement price on September 4th was 908.3 USD/troy ounce, down 0.18% from the previous session.
The October Copper Futures price decreased. The settlement price on September 4th was 4.036 USD/pound, down 0.39% compared to the previous session.
Source: Compiled
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At the close of Wednesday’s trading session, oil prices continued to decline by around 1% after U.S. crude oil inventory data showed a smaller-than-expected drop, coupled with ongoing low demand in China.
Economic News August 29,2024
29 tháng 8, 2024
According to the Mercantile Exchange of Vietnam (MXV), in yesterday's trading session (August 28), the global commodities market faced strong selling pressure.
A strong wave of selling pressure has returned to the global commodities market.
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29 tháng 8, 2024
India is considering an increase in import taxes on vegetable oils to help protect farmers reeling from lower oilseed prices, two government sources said on Wednesday.
India plans to raise vegetable oils import taxes, government sources say
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28 tháng 8, 2024
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