top of page

Metals News August 08, 2024

8 thg 8, 2024

On Wednesday, rising Treasury yields supported a moderate increase in the U.S. dollar index by 0.23%.


Additionally, the dollar was bolstered by a more than 1% decline in the yen following the latest speech by the Deputy Governor of the Bank of Japan. Mr. Uchida stated that the BOJ would not raise interest rates further amid financial market volatility.


The September Silver Contract price decreased. The settlement price on August 7 was $26.944 per troy ounce, down 1% from the previous session.


The October Platinum Contract price increased. The settlement price on August 7 was $929.7 per troy ounce, up 1.03% from the previous session.


The September Copper Contract price decreased slightly. The settlement price on August 7 was $3.952 per pound, down 1.86% from the previous session.



Source: Collected from various resources

Related Posts

The dollar weakened after the U.S. trade deficit in July widened to 78.8 billion USD, marking the largest deficit in 2 years.

Metals News September 5, 2024

5 tháng 9, 2024

Wheat prices continue their strong upward trend

Agriculture News September 05, 2024

5 tháng 9, 2024

The Dollar Index dropped by 0.56%, down to 101.27 points as labor market data indicated weakening U.S. employment conditions.

Economic News September 05, 2024

5 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

bottom of page