Metals News July 8, 2024
8 thg 7, 2024
Silver prices have increased due to a weakening US dollar and expectations that the Federal Reserve (Fed) will cut interest rates in September, according to Kitco.
On July 5, the September silver contract closed at $31.689 per troy ounce, up by 0.22% compared to the previous trading session.
The World Platinum Investment Council forecasts a platinum deficit of 418,000 ounces for 2024, a reduction from the record deficit of 878,000 ounces in 2023.
The October platinum contract also saw a significant rise, closing at $1,046 per troy ounce on July 5, up by 3.22% from the previous session.
Similarly, the September copper contract surged, closing at $4.65 per pound on July 5, marking a 2.61% increase compared to the same period last year.
Related Posts
By the end of Thursday’s trading session, oil prices continued to slide, nearly 3%, following reports from the Financial Times that Saudi Arabia has abandoned its 100 USD price target in preparation to boost production.
Economic News September 27, 2024
27 tháng 9, 2024
The USD rebounded, putting pressure on metal prices.
Metals News September 26, 2024
.png)
26 tháng 9, 2024
Coffee prices maintain their upward momentum.
Coffee News September 26, 2024
.jpg)
26 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