Tuesday, June 21, 2005
Gold falls on easing inflation fears
Story link: Gold falls on easing inflation fears
by Brian Turner
by Brian Turner
Gold fell $1.85 to $426.90/$427.60 per troy ounce on profit-taking following the easing of fears of inflation in the US.
Copper lost $23 per tonne to $3,254, and zinc was down $16 to $1,262 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: « Copper up on supply low
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