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[Industry News]: Golden period spot closing prices hit record highs

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August 29, 2024, 9:43 AM

#Gold period spot closing prices hit record highs #] International crude oil prices fell across the board. Wind data showed that U.S. WTI crude oil futures and Brent crude oil futures were reported at US$75.76/barrel and US$78.95/barrel respectively, down 2.14% and 1.78% respectively. Analysts said that after international crude oil prices rebounded for three trading days, some investors took profits, combined with Goldman Sachs and Morgan Stanley's negative outlook for crude oil demand, and geopolitical risks also eased, causing oil prices to fall.

The weak performance of crude oil futures dragged down U.S. energy stocks. U.S. energy stocks fell across the board, with Exxon Mobil down 0.93%, Chevron down 1.03%, ConocoPhillips down 0.96%, Schlumberger down 1.21%, and Occidental Oil down 0.92%.

International precious metal prices were mixed, with London spot gold and COMEX gold futures closing prices hitting record highs. At the close, London spot gold was reported at US$2,524.36/ounce, up 0.27%; London spot silver was reported at US$29.959/ounce, up 0.24%. COMEX gold futures rose 0.19% to US$2560 per ounce, while COMEX silver futures fell 0.07% to US$29.985 per ounce. (China Securities News)