Wednesday, August 2, 2006
Gold, copper prices rise
Story link: Gold, copper prices rise
by Brian Turner
by Brian Turner
In metals markets on Wednesday, gold added $4 to $650.60/$651.35 after going as high as $655.45 earlier. Three-month copper was also higher, gaining $35 to $7,805 per tonne ahead of news as to whether or not workers at Escondida mine in Chile would go out on strike. BHP Billiton, which controls the mine, was expected to make an offer to the workers soon.
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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: « Metals prices mixed as copper declines
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