Gold value closes positive

Gold Price Closes Positive The U.S. Consumer Confidence Index fell according to data, prompting investors to buy gold contracts as a safe haven.

COMEX market (commodity exchange)

December gold contracts rise 1.51% to $1,778.2/oz. The price rose $26.40 almost 0.9% this week.

Silver contracts for September are at $23.779/ounce. The price increased by 2.8% or 66.3 cents.

Platinum contract delivered in October is at $1.026/ounce. An increase of 0.82% or $8.3.

Palladium contracts for September delivered at $2,656.50/ounce.

According to a University of Michigan survey, the U.S. consumer confidence index fell to 70.2 in August. This is the lowest level since 2011, falling from 81.2 in July.

Investors are turning to gold as a safe haven due to fears about an uncertain recovery in the global economy and the rapid spread of the delta variety.

Source: https://www.ryt9.com/s/

The Spot Market is Closed

Sun. 15 Aug- 2021

Metals

Updated at
USD

Bid/Ask
Ounce

Change


Low/High
Gold
04.00
1,779.60
1,780.60
+25.70
1.47%
1,752.30
1,781.10
Silver
04.00
23.73
23.83
+0.58
2.51%
23.15
23.93
Platinum
04.00
1,024.00
1,034.00
+10.00
0.99%
1,010.00
1,037.00
Palladium
04.00
2,586.00
2,736.00
+26.00
1.02%
2,542.00
2,748.00
Rhodium
04.00
18,200.00
20,200.00
0.00
0.00%
18,200.00
20,200.00
Energy

Updated at


Price


Change


%Change
Crude oil
08.00

68.03

-1.06

-1.53%
Source: https://www.kitco.com/

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