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Platinum Jan 24 (PL=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
941.00+5.10 (+0.54%)
At close: 04:59PM EST
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Pre. SettlementN/A
Settlement Date2024-01-29
Last Price935.90
Day's Range923.20 - 943.10
  • The Wall Street Journal

    Basic Materials Roundup: Market Talk

    Find insight on European paper & packaging companies, Klabin, the 2024 outlook for copper, and more in the latest Market Talks covering the Basic Materials sector.

  • Reuters

    Gold rallies as Fed Chair Powell's comments cement peak-rate bets

    Gold surged to a seven-month peak on Friday after remarks from Federal Reserve Chair Jerome Powell increased traders' confidence the U.S. central bank had completed its monetary policy tightening and could cut rates early next year. Spot gold climbed 1.2% to $2,060.69 per ounce by 12:35 p.m. ET (1735 GMT), its highest since May 4. Powell's remarks reaffirmed the U.S. central bank's intent to be cautious in its upcoming monetary policy decisions but said the Fed is not thinking about lowering rates right now.

  • Associated Press Finance

    Montana miner backs off expansion plans, lays off 100 due to lower palladium prices

    The owner of two precious metals mines in south-central Montana is stopping work on an expansion project and laying off about 100 workers because the price of palladium fell sharply in the past year, mine representatives said Thursday. Sibanye-Stillwater announced the layoffs Wednesday at the only platinum and palladium mines in the United States, near Nye, Montana, and other Sibanye-owned facilities in Montana, including a recycling operation. Another 187 contract workers — about 67% of the mining contract workers at the mine — will also be affected.