Monday, May 22, 2006
Metals prices mixed
Story link: Metals prices mixed
by Brian Turner
by Brian Turner

Spot gold prices in London were affected on Monday after the precious metal dropped by its full 60 yen daily limit in Tokyo. By the close in London, gold had lost 1 percent to $650.50 per troy ounce.
Silver was nearly flat at $12.30 per troy ounce after recovering from a drop to $11.90 earlier. Platinum and palladium were also both close to their previous closing level. Platinum closed at $1,282 per troy ounce, while palladium ended at $336 per troy ounce.
Among base metals, copper ended the day up 1 percent to $7,625 per tonne after dropping as low as $7,250 during the day. Aluminium added 1.5 percent to $2,725 per tonne, while nickel was up 2 percent to $20,900 per tonne and zinc added 3.4 percent to $3,340 per tonne.
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