Metals News July 18, 2024
18 thg 7, 2024
The weak reaction in silver prices suggests traders may be more cautious about the economic outlook and monetary policy decisions.
Northam Platinum increased production by more than 10% in the year to June. Last week, the Minerals Council of South Africa warned that South Africa's mining output in the second quarter was likely to be lower due to restrictions.
September Silver contract price turned down sharply. The settlement price on July 17 was 30.377 USD/troy ounce, down 3.44% from the previous session.
October Platinum contract price decreased. The settlement price on July 17 was 1,008.1 USD/troy ounce, down 0.34% compared to the previous session.
The September Copper ontract price decreased for 3 consecutive sessions, the settlement price on July 17 was 4.41 USD/pound, down 0.92% compared to the previous trading session.
Source: Collected from various source
Related Posts
China’s steel production fell by more than 10% from a year earlier in August as the industry reeled from low prices and a damaging slump in demand.
China’s Steel Crisis Sends August Output to Lowest Since 2017
16 tháng 9, 2024
The weakening of the USD propelled metal prices to surge significantly in the final session of last week.
Metals News September 16, 2024
16 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.