Gold Prices Higher After Taliban Takeover

Share this article:

Investors are currently seeking safe haven, which is lifting gold prices. Global uncertainty such as the Taliban takeover, the spread of the Delta variant, and the loss of purchasing power spreads nervousness among investors.

December gold futures rose 90 cents to $1,784 an ounce, up 0.05% and up 0.3% for the week.

Silver metal futures for September delivery fell 11.8 cents to $23.112 an ounce, down 0.51%.

Platinum futures for October delivery rose $23 to $994.2 an ounce, up 2.37%.

Palladium futures for September delivery fell $21.40 to $2,276.50 an ounce, down 0.9%.


Investors are now turning their attention to the August 26-28 Federal Reserve meeting in Jackson Hole, Wyoming.

The main point investors are interested in is the direction of interest rates, and when the start of tapering will be. All of this will shed light on monetary policy going forward.

The Spot Market is Open

Monday.23 Aug-2021

Metals

Updated at
USD

Bid/Ask
Ounce

Change


Low/High
Gold
06.10
1,777.90
1,778.90
-2.80
-0.16%
1,777.60
1,783.40
Silver
06.10
23.02
23.13
0.00
0.02%
23.01
23.19
Platinum
06.10
988.00
998.00
-2.00
-0.20%
988.00
1,003.00
Palladium
06.10
2,205.00
2,355.00
-3.00
-0.14%
2,196.00
2,360.00
Rhodium
05.00
15,100.00
17,100.00
0.00
0.00%
15,100.00
17,100.00
Energy

Updated at


Price


Change


%Change
Crude Oil
06.10

62.26

+0.12

+0.19%

Leave a Reply

Change Language
%d bloggers like this: