The monthly Global Precious Metals MMI® registered a value of 99 in September, an increase of 4.2 percent from 95 in August.
The price of US gold bullion rose 6.3 percent over the past month to $1,407 per ounce, the second straight month of gains. The price of US silver rose 20.5 percent over the past month to $23.87 per ounce, the second straight month of gains.
Meanwhile, for the second month in a row, the price of US platinum bar increased, rising 5.4 percent over the past month to $1,513 per ounce.
The Global Precious Metals MMI® collects and weights 14 global precious metal price points to provide a unique view into precious metal price trends over a 30-day period. For more information on the Global Precious Metals MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.