Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / US Scrap Gold prices advance in line with Futures price

US Scrap Gold prices advance in line with Futures price

iconMar 27, 2015 09:07
Source:SMM
United States scrap gold prices advanced on Thursday in line with future gold prices.

 

UNITED STATES March 26 2015 6:00 PM
NEW YORK (Scrap Register): United States scrap gold prices advanced on Thursday in line with future gold prices, as weak US data bolstered the argument the Federal Reserve would likely take its time before raising interest rates.
 
According to Scrap Register Price Index, the prices for hallmarked and non-hallmarked gold scrap advanced on Thursday followed by the yellow metal's up-trend in future market on Wednesday.
 
The prices of 9ct Gold Scrap hallmarked advanced to $434.899 an ounce and 14ct Gold Scrap non-hallmarked traded up at $678.443 an ounce.
 
The prices of 9ct Gold Scrap non-hallmarked rose to $411.361 an ounce and 14ct Gold Scrap non-hallmarked traded up at $641.723 an ounce.
 
For Live US Gold Scrap Prices Log on to Scrap Register 
 
The most active April gold contract on the COMEX division of the New York Mercantile Exchange settled up $5.70 at $1,197.00 an ounce on Wednesday.
 
A weak US durable goods orders report Wednesday morning allowed the gold market to tack on some additional gains from the overnight session. 
 
Durable goods orders in February were down 1.4%, when a rise of 0.2% was expected. Gold also got a lift from bullish comments from Chicago Fed president Charles Evans, who said the Fed should wait until next year to begin to raise interest rates.
 
(This article is researched and compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
US scrap gold prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.