top of page

Metals News June 19, 2024

19 thg 6, 2024

Silver is under pressure from U.S. stock indices reaching or approaching record highs, reducing its appeal. However, analysts suggest that with a slight increase in bond yields and some geopolitical uncertainties, silver prices may continue to be supported.


The settlement price for July Silver Contracts on June 18 was recorded at $29.56 per troy ounce, up 0.59% from the previous session.


For Platinum, the metal has reached new highs, surpassing significant resistance levels and attracting more interest from investors.


Platinum is supported by fundamental supply and demand factors. Limited supply from major producing countries like South Africa is making this market scarce. Meanwhile, demand in industries, particularly the automotive sector, continues to rise, driving up platinum prices.


Specifically, the July Platinum Contracts settled at $977.20 per troy ounce on June 18, an increase of 0.65% from the previous day.


Copper Contracts for July also increased, with the settlement price on June 18 at $4.49 per pound, up 0.97% from the previous session.

Related Posts

The Dollar Index turned downward, falling by 0.45% to 101.23 points. In contrast, the EUR strengthened after the European Central Bank lowered interest rates.

Economic News September 13, 2024

13 tháng 9, 2024

The rebound in U.S. Treasury yields on Wednesday also modestly supported the dollar's gains.

Metals News September 12, 2024

12 tháng 9, 2024

The Dollar Index maintained its upward trend, rising by 0.09% to 101.72 points following the U.S. inflation report.

Economic News September 12, 2024

12 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

bottom of page