Gold moved slightly, gold futures closed up $2.3 last night (September 13). Amid the outbreak of the Covid 19 Delta strain in the United States.
Gold contracts rises $2.3 or 0.13% to $1,794.4/ounce.
Silver contracts fell 10.4 cents, or 0.44%, to $23.796/ounce.
Platinum contracts rose $1, or 0.1%, to $957.5/ounce.
Palladium contracts fell $46.50, or 2.2%, to $2,079.80/ounce.
Concern is spreading about the spread of the devastating delta variant in the United States, where the total number of infections was 41,865,802 and 678,117 deaths were reported, the U.S. remains number one in the world.
In addition, the strength of the dollar made the price of gold traded in dollars more expensive for investors holding other currencies. The strength of the dollar prevented the price of gold from reaching the $1,800 mark.
The dollar movement index against the six major currencies in the basket increased by 0.11% to 92.6755.
Investors are awaiting the release of the U.S. Consumer Price Index (CPI) for August today.
The Spot Market is open
Tuesday, September 14, 2021
Metals Updated at | USD Bid/Ask | Ounce Change | Low/High |
Gold 09.15 | 1,791.30 1,792.30 | -2.20 -0.12% | 1,789.40 1,794.40 |
Silver 09.15 | 23.67 23.77 | -0.04 -0.15% | 23.65 23.83 |
Platinum 09.15 | 956.00 966.00 | -2.00 -0.21% | 955.00 969.00 |
Palladium 08.53 | 2,024.00 2,174.00 | +2.00 0.10% | 2,019.00 2,181.00 |
Rhodium 06.31 | 11,900.00 13,900.00 | +600.00 5.31% | 11,300.00 13,900.00 |