Wednesday, June 1, 2005
Metals rise after early declines
Story link: Metals rise after early declines
by Brian Turner
by Brian Turner
Metals prices rose on Wednesday on the London Metal Exchange after declines early in the day.
Lead was up $10 to trade at $972.5, as stockpiles of lead in LME registered warehouses reached their lowest level since March 1990 when they fell to 29,700 tonnes.
Copper gained $43 to $3,090 per tonne, and aluminium rose $4 to $1,751 per tonne.
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Latest Metals News:
Gold ends session lower in New York, but gains on week Gold prices retreat after setting new intraday high Gold closes at $1,666 per ounce in New York trade Gold prices at new records on disappointing US data Gold prices lower but comes off session lows on manufacturing data Gold sets new intraday, closing highs to end trading week in New York Copper rises; precious metals prices see declines Gold prices drop on profit-taking, stronger US dollar $1,616.80 per troy ounce: Another record high for gold Gold trades as high as $1,624.30 per ounce in New YorkPrevious: « Gold continues values loss
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