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 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.