Thursday, July 27, 2006
Precious metals prices up
Story link: Precious metals prices up
by Brian Turner
by Brian Turner
In the metals markets on Thursday, gold was up 2 percent to $634.25 per troy ounce on a weaker US dollar. Silver gained 3.4 percent to $11.37 per troy ounce, while platinum was 0.6 percent higher to $1,227 per troy ounce and palladium was $1 higher to $313 per troy ounce. Base metals were mixed. Nickel dropped 1.3 percent to $23,750 per tonne, but copper was up 0.8 percent to $7,510 per tonne and zinc added 1.1 percent to $3,230 per tonne.
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Copper losses pull other metals prices lower Xstrata increases stake in Indophil BHP fatality closes Australian iron ore mines Palladium gains as other precious metals see declines EU halts investigations into BHP’s bid for Rio Aluminium falls amid gains for other base metals Lomin rejects Xstrata bid but leaves door ajar Metals drop with crude oil prices Antofagasta forges ahead despite rising costs Copper prices lower on jump in inventoriesPrevious: « Nickel, aluminium down despite inventory declines
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