Metals News September 11, 2024
11 thg 9, 2024
The Dollar Index slightly increased by 0.08% on Tuesday, supported by reduced speculation of a 50 basis point rate cut by the Fed. The SWAP market is pricing in a 34% probability of a 50 basis point rate cut at next week's FOMC meeting, down from 50% following last Friday's U.S. employment report. Additionally, the rise of the dollar is capped by lower liquidity demand due to the strong surge in stocks.
The December Silver Futures price slightly declined. The settlement price on September 10 was 28.614 USD/troy ounce, down 0.13% compared to the previous session.
The October Platinum Futures price slightly decreased. The settlement price on September 10 was 944.3 USD/troy ounce, down 0.27% compared to the previous session.
The October Copper Futures price dropped. The settlement price on September 10 was 4.056 USD/pound, down 1.1% compared to the previous session.
Source: Compiled
Related Posts
According to the Mercantile Exchange Of VietNam (MXV), during the trading week of June 3 - 7, the global raw material markets experienced overwhelming selling pressure.
Global Raw Material Prices See Significant Decline
10 tháng 6, 2024
According to the Vietnam Commodity Exchange (MXV), as of the close of trading yesterday (June 6), the global raw commodity market was overwhelmingly positive. Most commodities saw price increases, which supported a significant rise in the MXV-Index, up 1.86% to 2,315 points, the highest in a week.
Raw Commodity Prices See Strong Recovery
7 tháng 6, 2024
Two years ago, the export price of Robusta coffee was only half that of Arabica coffee, but now the situation has completely changed.
Robusta Coffee Prices Surpass Arabica: A First in Over 50 Years
6 tháng 6, 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