NYMEX Precious Metals Prices Rise on September 18

The New York Merchantile Exchange (NYMEX) reported an increase in precious metals prices on September 18. The NYMEX is a US futures market founded in 1882, with two divisions: the NYMEX Division and the COMEX Division.

The NYMEX Division handles trades of oil, gas, platinum, palladium, ethanol, coal, electricity, and carbon dioxide emissions, while the COMEX Division focuses on gold, silver, copper, and aluminum. According to the latest data from NYMEX, the price of gold futures is up by 0.59% to $4385.90 per troy ounce (31.1 grams).

Silver futures also saw a significant increase, with prices rising by 2.25% to $66.94 per troy ounce. Platinum futures were up by 0.39% to $1806.40 per troy ounce.