Metals News July 24, 2024
24 thg 7, 2024
India has recently reduced import duties on gold and silver, a move that industry officials say could boost retail demand and help curb smuggling in the world's second-largest gold bar consumer market.
Traders on the market remain very cautious, avoiding excessive bets ahead of the release of US Q2 GDP data and PCE. In the short term, traders are closely watching the US Flash PMI.
September Silver Futures Prices Edge Up. The settlement price on July 23 was 29.331 USD/troy ounce, an increase of 0.03% compared to the previous session.
October Platinum Futures Prices Continue to Decline. The settlement price on July 23 was 955.8 USD/troy ounce, a decrease of 0.08% from the previous session.
September Copper Futures Prices Extend Losing Streak. The settlement price on July 23 was more than 4.16 USD/pound, a decrease of nearly 0.9% from the previous session.
Source: Collected from various sources
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