Metals News July 19, 2024
19 thg 7, 2024
Despite expectations for a Federal Reserve rate cut in September, the US dollar has gained strength, driving silver prices lower. Recent data from the Bureau of Labor Statistics shows a rise in unemployment claims to 243,000, marking the highest 4-week average in over two and a half years, signaling a weakening job market.
Silver September contract prices continue to decline. The settlement price on July 18 was 30,224 USD/troy ounce, down 0.5% compared to the previous session.
Platinum October contract price dropped sharply. The settlement price on July 18 was 986 USD/troy ounce, down 2.19% compared to the previous session.
Copper September contract price decreased for 4 consecutive sessions, the settlement price on July 18 was 4.28 USD/pound, down 2.93% compared to the previous trading session.
Source: Colleted from various source
Related Posts
The Dollar Index slightly increased by 0.08% on Tuesday, supported by reduced speculation of a 50 basis point rate cut by the Fed.
Metals News September 11, 2024
.jpg)
11 tháng 9, 2024
The Mercantile Exchange of Vietnam (MXV) reported that global commodity prices continued to fluctuate during yesterday's trading session (September 10).
After a bright session, global commodity prices continue to reverse.
11 tháng 9, 2024
At the close of Tuesday’s session, oil prices fell to their lowest levels in three years after OPEC lowered its forecast for oil demand this year and next.
Economic News September 11, 2024
11 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