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Commodities

Precious Metals Prices Up at NYMEX

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Gold Silver Copper
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The New York Merchantile Exchange (NYMEX) reported that prices for precious metals are up on August 21. According to NYMEX, the price of gold futures increased by 2.39% to $4,624.10 per troy ounce, while silver futures rose by 2.12% to $69.47. Platinum futures also saw an increase, rising by 0.86% to $1,895.70.

The NYMEX is a US futures market founded in 1882 and operates 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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