Gold prices holding above $1,500

Silver prices are up. Gold prices are holding on to strong gains. Monday, IHS Markit said its flash U.S. manufacturing Purchasing Managers Index for September rose to a reading 51.0, up from August’s reading of 50.3. Some economists might have thought these readings would be almost unchanged. December gold futures last traded at $1,527.50 an ounce, up 0.82% on the day. Analysts at IHS don't think the economy is in the best position right now. IHS says, "the overall rate of growth in September remained among the weakest since 2016."

 

The spot prices right now are:

Gold: $1,525.25

Silver: $18.65

Platinum: $957.35

Palladium: $1,654.30

Rhodium: $5,400.00