Metals News August 14, 2024
14 thg 8, 2024
The USD fell by 0.35% against the Japanese Yen in the latest trading session, and it also declined against other currencies. The decrease of U.S. inflation (PPI), as forecasted, suggests that the market seems to have passed the worst phase of recent volatility.
The U.S. stock market saw a strong rally on Tuesday, approaching the record level set last month, which limited the demand for precious metals.
The September Silver Contract price fell slightly. The settlement price on August 13 was 27.786 USD/troy ounce, down 0.79% from the previous session.
The October Platinum Contract price declined slightly. The settlement price on August 13 was 945.9 USD/troy ounce, down 0.07% from the previous session.
The September Copper Contract price decreased. The settlement price on August 13 was 4.052 USD/pound, down 0.42% from the previous session.
Source: Collected from various resources
Related Posts
At the close of Tuesday's session, oil prices plunged nearly 5%, hitting the lowest level in almost 9 months.
Economic News September 04, 2024
4 tháng 9, 2024
After more than a decade of development, Vietnam's commodity trading market has made significant strides, solidifying its position on the international stage. From its challenging early days, the market has grown robustly, expanding not only in scale but also in quality and influence.
Vietnam's Commodity Trading Market: 14 Years of Significant Transformation
4 tháng 9, 2024
August's ISM manufacturing PMI data, which only slightly rose to 47.2, below the expected 47.5, and July's U.S. construction spending data, showing a decline of 0.3%, worse than the anticipated 0.1% decrease.
Metals News September 4, 2024
4 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