Tuesday, April 18, 2006
Metals prices higher again
Story link: Metals prices higher again
by Brian Turner
by Brian Turner
Gold traded at $618.25 per troy ounce during the day before retreating to $615.20, still a gain over yesterday’s New York quotes. Silver was also up over Monday’s prices to $13.54 per troy ounce. The rising price of silver, as well as higher petrochemical prices, caused Eastman Kodak to announce on Monday that it is raising prices on film.
Among base metals, three-month copper hit a record high $6,490 per tonne during the day as inventories continued to decline and traders worried about the possibility of disruptions in supplies due to strikes.
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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: « Base metals up, precious metals lower
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