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Showing posts from August, 2024

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,...

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...