top of page

Metals News August 23, 2024

23 thg 8, 2024

The dollar index rebounded by 0.47% on Thursday and remained elevated after U.S. weekly continuing jobless claims rose less than expected, indicating a stronger labor market.


However, the dollar's gains were limited after the U.S. manufacturing PMI fell to an 8-month low of 48 points. The PMI's drop below 50 also reflects a contraction in the manufacturing sector, which could impact demand in the metal industry.

 

September Silver Futures prices dropped sharply. The settlement price on August 22 was $29.047 per troy ounce, down 1.65% from the previous session.


October Platinum Futures prices declined. The settlement price on August 22 was $953.7 per troy ounce, down 2.01% from the previous session.


September Copper Futures prices fell. The settlement price on August 22 was $4.148 per pound, down 1% from the previous session.


Source: Collected from various sources

 

Related Posts

The Fed cuts interest rates for the first time in four years.

Weekly Report for September 16-20, 2024

23 tháng 9, 2024

Giá cà phê giảm mạnh.

Coffee News September 23, 2024

23 tháng 9, 2024

The dollar posted moderate gains on Friday due to the weakness of the yen after the Bank of Japan did not tighten its monetary policy.

Metals News September 23, 2024

23 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