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Precious Metals and Base Metals Market Update (July 30,2024-August3,2024).

Tuesday, July 30, 2024: Three-Month Copper : The London Metal Exchange (LME) reported a 0.7% decline in three-month copper prices, which fell to $9,045 per tonne by 11:06 GMT. Wednesday, July 31, 2024: Spot Gold : The price of spot gold increased by 0.3%, reaching $2,391.14 per ounce. US Gold Futures : Gold futures saw a 0.4% increase, climbing to $2,387.89 per ounce. The rise in futures suggests positive sentiment about gold's future performance. Silver : Silver prices were up 0.1%, reaching $27.90 per ounce. Platinum : The price of platinum increased by 0.3%, reaching $950.98 per ounce. Palladium : Palladium prices remained stable at $903.75 per ounce, suggesting a balanced supply and demand scenario or investor caution. Friday, August 2, 2024 : Spot Gold : The spot price of gold fell by 0.7% to $2,432.29 per ounce. US Gold Futures : Gold futures firmed 0.1% to $2,476.10 per ounce. Three-Month Copper : Copper prices on the LME slipped by 1.1%, reaching $9,...
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Precious Metals and Base Metals Market Update(July 25-27,2024).

Precious Metals Overview Thursday, July 25, 2024 : Spot Gold:Increased by 0.7%, reaching $2,425.28 per ounce. US Gold Futures:Rose by 0.8%, settling at $2,526.60 per ounce. Silver:Gained 0.5%, trading at $29.36 per ounce. Platinum:Up by 1.8%, priced at $959.88 per ounce. Palladium:Added 1.7%, reaching $941.50 per ounce. Friday, July 26, 2024 : Spot Gold:Fell by 1.2%, closing at $2,369.29 per ounce. US Gold Futures:Dropped by 1.9%, ending at $2,368.80 per ounce. Silver:Declined by 4.8%, to $27.60 per ounce. Platinum:Decreased by 1.5%, trading at $933.68 per ounce. Palladium:Slipped by 2.9%, settling at $905.32 per ounce. Saturday, July 27, 2024 : Spot Gold:Slightly increased to $2,372.25 per ounce by 09:28 GMT. Base Metals Overview Thursday, July 25, 2024 : Three-Month Copper (LME):Rose by 0.3%, reaching $9,412 per tonne. Friday, July 26, 2024 : Three-Month Copper (LME):Fell by 1%, closing at $9,011.55 per tonne. Lead:Remained stable at $2,043 per tonne. Zinc:Decrea...
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Market Analysis Report: Precious Metals and Base Metals Performance (16/07/2024-20/07/2024).

Tuesday, 16/07/2024 A.Spot Gold: Rose by 0.4% to $2421 per ounce. B.US Gold Futures: Increased by 0.2% to $2426. C.Benchmark Copper (LME): Traded down at $9832 per tonne. Wednesday, 17/07/2024 A.Spot Gold: Gained 0.7% to $2439.99 per ounce. B.Silver: Decreased by 0.5% to $30.87. C.Platinum: Maintained stability at $994.70. D Palladium: Declined by 0.7% to $943.97. Thursday, 18/07/2024 A.Spot Gold: Increased by 0.2% to $2473.89 per ounce. B.US Gold Futures: Rose by 0.4% to $2478.50. C.Platinum: Surged by 2.1% to $1021.20. D.Palladium: Also added 2.1% to reach $979.48. E.Three Months Copper (LME): Up by 0.6% at $9791 per tonne. Friday, 19/07/2024 A.Spot Gold: Up 0.3% at $2464 per ounce. B.US Gold Futures: Increased by 0.3% to $2468.20. C.Three Months Copper (LME): Decreased by 1.6% to $9480 per tonne. D.Aluminium: Reached $2387, the highest since April 3. E.Tin: Declined sharply by 3.6% to $31750. F.Zinc: Lost 1.5% to $2806. G.Nickel: Remained flat at $16450. Satu...
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Precious Metals Market Report(Week of July 10-14,2024).

Wednesday, July 10, 2024 : A:Spot Gold: Increased by 0.1% to $2360.7 per ounce. B:US Gold Futures: Rose by 0.2%. C:Spot Silver: Rose by 0.4% to $30.91 per ounce. D:Platinum: Decreased by 0.5% to $991.9 per ounce. E:Palladium: Decreased by 0.5% to $1003.75 per ounce. F:Benchmark Copper: Increased by 0.1% to $9927 per tonne. Thursday, July 11, 2024 : A:Spot Gold: Further rose by 0.4% to $2372.83 per ounce. B:US Gold Futures: Increased by 0.5% to $2379.20 per ounce. Friday, July 12, 2024 : A:Spot Gold: Marked a significant increase of 1.5% to $2406.99 per ounce. B:US Gold Futures: Rose by 1.4% to $2412.60 per ounce. C:Silver: Increased by 2.7% to $31.63 per ounce. D:Platinum: Rose by 1.9% to $1008.35 per ounce. E:Palladium: Decreased slightly to $1002.54 per ounce. Sunday, July 14, 2024 : A:Gold Performance Last Week (Prior to July 14): Increased by 0.8% to $2411 per ounce. B:Silver Performance Last Week: Dropped by 1.3% to $30.8 per ounce. Analysis and Summary : The...
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