Metals News July 16, 2024
16 thg 7, 2024
Silver prices failed to maintain their upward momentum despite US CPI data coming in lower than market expectations, supporting the potential for interest rate cuts starting in September. The strengthening USD also exerted pressure on silver prices.
Weak economic conditions in China, the leading consumer of metals, raised concerns about demand. China's GDP for Q2 was 4.7%.
The September Silver Contract continued to decline, closing at $30.936/troy ounce on July 15, down 0.73% from the previous weekend.
The October Platinum Contract also continued to drop, closing at $1,011/troy ounce on July 15, down 0.23% from the previous session.
Related Posts
Biến đổi khí hậu làm mất mùa ở Brazil và Việt Nam gây biến động.về giá.
Coffee News September 20, 2024
.jpg)
20 tháng 9, 2024
The International Grains Council has revised its estimate for global corn production down to 1.224 billion tons.
Agriculture News September 20, 2024
20 tháng 9, 2024
The U.S. Dollar Index increased by 0.04% on Thursday. The dollar received modest support after U.S. weekly initial jobless claims decreased by 12,000, reaching a 4-month low.
Metals News September 20, 2024
20 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