Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Reports On Global Commodities"


1 mentions found


Spot gold was up 0.8% to $1,927.90 per ounce by 10:25 a.m. EDT (1425 GMT), after dropping to a more than three-month low earlier in the session. Benchmark 10-year Treasury yields slipped to a 10-day low, reducing the opportunity cost of owning non-yielding gold. Spot silver rose 0.9% to $22.44 per ounce, but was set for its biggest weekly drop since October 2022. Platinum was down 0.3% to $920.38, on course for its worst week since August 2022. Palladium could extend this year's near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal.
Persons: Edward Moya, Jerome Powell, Phillip Streible, Mary Daly, Barbara Lewis Organizations: Treasury, Federal Reserve, Blue, San Francisco Fed, Reuters, Palladium, Thomson Locations: U.S, Chicago, Bengaluru
Total: 1