Metals prices fall this week
by Brian Turner

Metals prices were down again on Friday. Some analysts blamed the lower prices on sell-offs by investors who were worried about where prices are headed after declines during the week.
Gold dropped 4 percent on the day and nearly 10 percent on the week to trade at $658.10/$658.40 per troy ounce in the late afternoon. Last Friday, gold reached a 26-year high at $730 per troy ounce. Elsewehre in precious metals, silver was trading at $12.11 per troy ounce during the day, almost 20 percent lower than late last week, when it hit a high of $15.17 per troy ounce.
Among base metals, copper lost 6 percent during the day to trade $500 dollars lower at $7,530 per tonne. It has lost 14 percent in the ten days since it hit a record high. Other base metals saw similar declines during the week.
Related posts to: Metals prices fall this week
Gold and silver decline on day, gain on week ...
Gold set to continue rising ...
Copper prices fall on day, gain this week ...
Gold prices fall in New York ...
Base metals prices fall on reports, inventories ...
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: « Gold, copper decline
Next: Metals prices mixed »
Visited 1268 times, 2 so far today