Metals News September 6, 2024
6 thg 9, 2024
The dollar index fell to a 1-week low on Thursday and ended down by 0.25%. The dollar declined after the employment report released by ADP, a payroll processing company, showed that the U.S. added 99,000 private-sector non-farm jobs in August. This figure was 45,000 jobs lower than expected and marked the lowest increase since January 2021. The July 2024 data was also revised down to 111,000 jobs from the previously reported 122,000. This is a sign that the U.S. labor market is deteriorating.
The December Silver Futures price increased. The settlement price on September 5 was $29.099 per troy ounce, up 1.9% from the previous session.
The October Platinum Futures price surged. The settlement price on September 5 was $930.3 per troy ounce, up 2.42% from the previous session.
The October Copper Futures price rose. The settlement price on September 5 was $4.094 per pound, up 1.44% from the previous session.
Source: Compiled
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The U.S. stock market posted strong gains in Monday's trading session as investors looked for bargains following last week's sell-offs.
Economic News September 10, 2024
10 tháng 9, 2024
In August, rubber prices dropped to USD 1.603/kg due to weak demand from China, before slightly rebounding to USD 1.633/kg by the end of the month.
Rubber prices on the SICOM exchange fell by more than 6% in August
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10 tháng 9, 2024
According to the Mercantile Exchange Of VietNam (MXV), strong buying pressure returned to the global commodity markets during the first trading session of the week (September 9).
Strong buying force pulled the MXV-Index up
10 tháng 9, 2024
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