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Gold, silver futures close lower Tuesday

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Gold, silver futures close lower Tuesday

2026-10-14 09:51 Last Updated At:11:54

International gold and silver prices closed lower on Tuesday.

On the New York Mercantile Exchange, gold futures for December delivery dropped 0.32 percent to settle at 4,177.30 U.S. dollars per ounce, while silver futures for December delivery lost 1.63 percent to close at 59.525 dollars per ounce.

Gold, silver futures close lower Tuesday

Gold, silver futures close lower Tuesday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 49 pips to 6.7249 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan strengthens to 6.7249 against USD Wednesday

Chinese yuan strengthens to 6.7249 against USD Wednesday

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