Thursday, March 9, 2006
Metals up slightly after recent declines
Story link: Metals up slightly after recent declines
by Brian Turner
by Brian Turner
In the metals markets, three-month copper was up $81 dollars to $4,800 per tonne despite new numbers showing that inventories in London Metal Exchange warehouses had hit their highest level in nearly two years. Aluminium prices also rose, climbing $34.5 to $2,377.5 per tonne.
In precious metals, gold was up $3.6 to $546.20/$546.90 per troy ounce on purchases out of Asia, while silver added 7 cents to $9.91/$9.94 per troy ounce.
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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 prices down once more
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