Live Spot Gold
SPOT MARKET IS OPEN
closes in 5 hrs. 23 mins.Jan 24, 2020 11:37 NY Time
| Bid/Ask | 1572.00 / 1573.00 | |
| Low/High | 1556.20 / 1576.10 | |
| Change | +9.60 | +0.61% |
| 30daychg | +72.40 | +4.83% |
| 1yearchg | +291.40 | +22.75% |
| Alerts Charts |
Silver Price & PGMs
Jan 24, 2020 11:37 NY TimeKitco 10AM Silver Fix
| Silver | 18.03 | +0.26 |
| Platinum | 1005.00 | +3.00 |
| Palladium | 2288.00 | -53.00 |
| Rhodium | 9000.00 | 0.00 |
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(Kitco, Fri. Jan. 24th, 2020) – Gold and silver prices were modestly higher Friday after IHS Markit reported that its manufacturing Purchasing Managers Index fell this month while the service-sector one climbed, leaving the composite index at a 10-month high. Spot gold was last up $2.40 cents to $1,564.80 an ounce.
Research firm IHS Markit said its flash U.S. manufacturing PMI for January decreased to a reading of 51.7, a three-month low, from December’s reading of 52.4. Meanwhile, the firm’s service-sector PMI reading climbed to a reading of 53.2, a 10-month high, from the December reading of 52.8.
Expectations had been for both to be near last month’s levels.
The composite index reading was a 10-month high of 53.1, compared to 52.5 last month.
“U.S. private-sector firms indicated a faster expansion of business activity in January, with the pace of growth accelerating to a 10-month high,” the report said. “The upturn was driven by a sharper increase in service-sector output….”
A monthly reading above 50 points to an expanding sector, while anything below that shows a contraction in activity.
Posted by :
Jack Dempsey, President
401 Gold Consultants LLC
jdemp2003@gmail.com