Wednesday, April 12, 2006
Precious metals up, base metals hit new records
Story link: Precious metals up, base metals hit new records
by Brian Turner
by Brian Turner
Precious metals saw prices up yet again on Wednesday. Gold prices were up 0.6 percent on the day to $597.00 per troy ounce after once again trying to rise to the $600 level, with the Iran situation one reason for the increases. Silver gained 2.4 percent to $12.74 per troy ounce, while Platinum added 0.6 percent to $1,091.
New record high prices were set in base metals. Copper added 2.3 percent on the day to trade at $6,105 per tonne as supply concerns continued. Supply worries were also an issue in rising zinc prices. Three-month zinc gained 2.1 percent to $3,005 per tonne, a new record.
Add to Bookmarks:
Related posts to: Precious metals up, base metals hit new records
Lead, nickel both reach new records as inventories decline ...
Copper near records; precious metals also higher ...
Lead, nickel prices hit new records ...
Gold, silver advance as platinum, palladium prices drop ...
Base metals prices reach records on week ...
Latest Metals News:
Copper prices drop in New York, London BHP Billiton scraps plans to acquire Rio Base metals see more price declines Copper prices fall on inventories, US housing data Copper, aluminium gain after early declines Gold drops half a dollar in New York Copper pares gains on US retail data Copper, aluminium inventories continue to climb Alcoa delays expansion at Wagerup and cuts production Platinum, palladium down on auto sector problemsPrevious: « Metals prices continue to rise
Next: Base metals up, precious metals lower »
Visited 685 times, 3 so far today