Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Sunday 05th of February 2012
Tuesday, May 31, 2005

Gold continues values loss

Story link: Gold continues values loss
by Brian Turner
Gold continues values loss

Prices for precious metals declined on Tuesday, while plastics either stayed the same or increased in price.

In newly offered plastics futures on the London Metal Exchange, linear low-density polyethylene futures rose $4 to trade at $939 per tonne, and September delivery polypropylene held steady at $934 per metric tonne.

The strong dollar and sliding euro sent gold prices down as bullion has lost 5 percent of its value in the past six weeks and hit its lowest level since February.

It fell to $413.75 per troy ounce before coming back a bit to trade at $415.45/$416.20 per troy ounce, a loss of about $2 on the day. Prices on sliver and platinum also fell Tuesday.

 


Related posts to: Gold continues values loss

Copper drops on housing data ...

Alcoa posts $1.19 billion fourth-quarter loss ...

Rockhaven announces disclosure clarification ...

Gold Star posts loss as operating costs soar ...

Gold Summit reports drill assay results from Carolinas ...

Latest Metals News:

Latest News  Gold ends session lower in New York, but gains on week

Latest News  Gold prices retreat after setting new intraday high

Latest News  Gold closes at $1,666 per ounce in New York trade

Latest News  Gold prices at new records on disappointing US data

Latest News  Gold prices lower but comes off session lows on manufacturing data

Latest News  Gold sets new intraday, closing highs to end trading week in New York

Latest News  Copper rises; precious metals prices see declines

Latest News  Gold prices drop on profit-taking, stronger US dollar

Latest News  $1,616.80 per troy ounce: Another record high for gold

Latest News  Gold trades as high as $1,624.30 per ounce in New York


Previous: «
Next: »

Visited 1218 times, 1 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):