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
India’s role as a key supplier to the global grains market has diminished over the past 3 years.
Domestic Demand and Trade Restrictions Reduce India Grain Exports
.png)
14 tháng 8, 2024
The prices of both types of coffee have sharply rebounded. Concerns over supply disruptions caused by frost in Brazil over the past weekend have driven coffee prices back up.
Coffee News August 13, 2024
13 tháng 8, 2024
Metal prices increased simultaneously due to the stability of the U.S. dollar
Metals News August 13, 2024
.jpg)
13 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.
Add a Title