NEW YORK, January 3, 2025 – Armenpress – Precious metals saw an uptick in prices on January 2, 2025. Gold futures rose by 0.21% to reach $2,677.40 per ounce, while silver futures gained 0.13%, trading at $30.03 per ounce. Platinum futures saw the most significant increase, up 0.55%, to settle at $930.10 per ounce.
All prices are based on 1 troy ounce, equivalent to 31.1 grams.
NYMEX: A Hub for Precious Metal Trading
The New York Mercantile Exchange (NYMEX), founded in 1882, remains a leading global market for futures trading. The exchange operates through two divisions: the NYMEX Division, which handles commodities like oil, gas, platinum, and coal, and the COMEX Division, dedicated to metals such as gold, silver, copper, and aluminum.
These market movements reflect broader trends and are closely monitored by investors and analysts in the commodities sector.
