Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Saturday 11th of February 2012
Friday, May 13, 2005

Gold and copper hit short-term lows

Story link: Gold and copper hit short-term lows
by Brian Turner
Gold and copper hit short-term lows

Gold was down to a three-month low, this week, hitting $420.05 per troy ounce on Thursday, down $6 for the week before a slight recovery on Friday.

Even with that small rise in price on Friday, gold still lingered near that low as it traded around $420.20/$421.00
per troy ounce at mid-afternoon in New York.

Copper was also lower, falling over 5 percent for the week to $3,001.

This was its lowest price since February 10 and over 10 percent lower than its all-time high of $3,336, reached in April.

 


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