Metals News June 26, 2024
26 thg 6, 2024
Silver prices fell on Tuesday as Fed officials expressed concerns about rising inflation and the possibility of strong U.S. employment data.
The September 2024 Silver Contract decreased, with a settlement price of $29.193 per troy ounce on June 25, down 2.2% compared to the previous session.
Platinum prices faced pressure amid a slight increase in the USD and higher 10-year U.S. Treasury yields. This week, traders will be monitoring key U.S. economic data.
The October 2024 Platinum Contract dropped significantly, with a settlement price of $999 per troy ounce on June 25, down 1.46% from the previous session.
The September 2024 Copper Contract also declined, with a settlement price of $4.37 per pound on June 25, down 1.22% compared to the previous session.
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The Dollar Index fell by 0.30%, dropping to 100.55 points. In contrast, the British pound reached its highest level against the U.S. dollar in over two years.
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