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Commodities

Precious Metals Prices Plummet at NYMEX on August 31

Guavy AI Editorial Team
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The New York Merchantile Exchange (NYMEX) reported a decline in precious metals prices on August 31. The price of gold futures decreased by 1.05% to $4431.10, while silver futures fell by 0.94% to $66.37.

Platinum futures also saw a decrease, down by 1.43% to $1807.30. The measurements are based on the troy ounce unit (31.1 grams).

The NYMEX is a US futures market founded in 1882 and operates two divisions: the NYMEX Division and the COMEX Division.

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