Tuesday, August 1, 2006
Metals prices mixed as copper declines
Story link: Metals prices mixed as copper declines
by Brian Turner
by Brian Turner
Among metals, gold prices were up by $10 to $644.50.$645.45 per troy ounce. On the other hand, copper prices were $180 lower to $7,770 per tonne. Copper workers at Escondida mine in Chile set a Wednesday deadline for management to raise pay in order to avoid a strike there. Meanwhile, copper inventories at London Metal Exchange warehouses were up, helping prices to go lower.
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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: « Copper up as strike looms
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