Thursday, June 9, 2005
Gold rally continues
Story link: Gold rally continues
by Brian Turner
by Brian Turner
The price of gold had moved very little from its overnight close to trade at $422.30/$423.05 per troy ounce in New York by mid-afternoon on Thursday.
Even with little movement, analysts think that the current price rally has not run its course.
On the London Metal Exchange, meanwhile, copper rose $2.5 to $3,240.5 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: « Metals rise after early declines
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