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
Oil prices surged amid prolonged supply disruptions in Libya, while Iraq prepared to cut production in September. Additionally, strong buying dominated the agricultural markets following the release of favorable U.S. export data by the USDA.
The Energy and Agricultural Markets Turn Green
30 tháng 8, 2024
A weaker U.S. dollar, improving sentiment across financial markets, and record-high gold prices have all contributed to a recent modest rebound in silver prices.
More upside seen for silver prices in coming months, says UBS
29 tháng 8, 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.