Precious Metals See Mixed Trading on NYMEX

On October 5, precious metals saw mixed movements in futures trading on the New York Merchantile Exchange (NYMEX). Gold futures fell slightly, dropping 0.13% to $4128.40 per troy ounce. Meanwhile, silver futures climbed 1.48% to $60.87, and platinum futures rose 1.11% to $1718.90.

The NYMEX, established in 1882, operates through two divisions: the NYMEX Division and the COMEX Division. The NYMEX Division handles commodities like oil, gas, and platinum, while the COMEX Division focuses on metals such as gold, silver, copper, and aluminum.

All prices are measured per troy ounce, equivalent to 31.1 grams. This data was reported by 'Armenpress' as part of their market coverage.