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Commodities

NYMEX Precious Metals Prices Plummet on August 13

Guavy AI Editorial Team
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New York's NYMEX futures market saw declines in precious metals prices on August 13. According to the latest data, gold futures dropped by 2.17% to $4315.00 per troy ounce, while silver futures decreased by 1.05% to $64.87. Platinum futures also declined by 2.14% to $1716.10.

The NYMEX is a US futures market founded in 1882 and operates through two divisions: the NYMEX Division for oil, gas, platinum, palladium, ethanol, coal, electricity, and carbon dioxide emissions; and the COMEX Division for gold, silver, copper, and aluminum.

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