Aluminium
Metal markets mixed on news
by Brian Turner
In the metal markets on Thursday, gold added 1.1 percent to $604.20 per troy ounce. The gains came on news that gold output at one South African mine will be down by around 60 percent in the second half of the year due to a fire there. The rise in the price of […]
Gold, copper prices decline; nickel gains
by Brian Turner
Metals prices were mixed on Monday. Gold weakened to $584.30/$585.30 per troy ounce, around $3.50 lower than its late quote in New York on Friday. Among base metals, nickel added $450 to $28,100 per tonne on the London Metal Exchange. However, three-month copper fell $45 to $7,500 per tonne.
Gold hither, base metals mixed on session
by Brian Turner
In the metal markets on Wednesday, gold was higher at $582.40/$583.40 per troy ounce. Prices on base metals, however, were mixed. Three-month copper dropped $65 to $7,210 per tonne and nickel fell $505 to $26,850 per tonne, but aluminium was $8 higher to $2,461 per tonne on the day.
Precious metals in price declines
by Brian Turner
In the metals markets on Tuesday, precious metals saw declines while the price of base metals were up. Copper added 0.5 percent to $7,490 per tonne on continuing supply and strike worries, while Nickel gained 4.3 percent to $27,750 per tonne.
Gold dropped 1.4 percent to $580.10 per troy ounce ahead of a decision from […]
Metals prices down this week
by Brian Turner
Metals prices were down this week. Gold lost over 5 percent, ending the week in London at $575 per troy ounce. Some base metals saw even larger declines on the London Metal Exchange. Nickel was over 6 percent lower to $26,100 per tonne, while three-month copper was down $117, almost 8 percent, […]
Precious metals mixed on session
by Brian Turner
In the metals markets on Wednesday, gold was 0.5 percent higher to $589.80 per troy ounce, while silver added 0.2 percent to $11.17 per troy ounce. Platinum and palladium, however, were lower on the session. Platinum fell 1.2 percent to $1,186 per troy ounce, while palladium dropped 1.6 percent to $313 per troy […]
Metals mixed as demand declines
by Brian Turner
In metals markets on Tuesday, gold gained $1 to $592.00 per troy ounce as lower prices led to buying, while South Africa said that its output was 7.2 percent lower by volume in July compared to the same month last year. Silver and platinum were also up on the session, by 0.9 percent to […]
Metals prices decline significantly
by Brian Turner
In metals markets on Monday, gold dropped 4.4 percent to $584.60 per troy ounce, its first drop below the $600.00 level since June. Meanwhile, Copper was 4.5 percent lower to $7,460.50 per tonne and nickel dropped 1.6 percent to $27,500 per tonne.
Base metals up on week despite Friday declines
by Brian Turner
In the metals markets, gold was at a six-week low on Friday as it traded at $606.20 per troy ounce at one point before recovering by the close of the session in London to $609.00/$610.00, still a decline of 2.4 percent during the week. Silver was trading at $12.12/$12.19 per troy ounce at the […]
Gold, silver prices decline
by Brian Turner
In the metals markets, gold and silver were both lower on a stronger dollar and lower crude oil prices. Gold fell to $615.75 per troy ounce, a drop of over 3 percent. Silver was trading at $12.50/$12.57 late in the day in London. Among base metals, three-month copper traded at $8,045 per […]
IMF report predicts lower copper, aluminium prices by decade’s end
by Brian Turner
In metals markets on Wednesday, gold and silver were both higher. Gold was at $635.10/$636.10 per troy ounce at the end of the London trading day after going as high as $640.25 per troy ounce. Silver added 17 cents to $13.06/$13.13 per troy ounce.
Base metals were also higher on the day, while the […]
Silver, copper prices rise over week
by Brian Turner
In the metal markets on Friday, gold was $1 higher to $624.20 per troy ounce, with no net gain or loss during the week. Silver added 7 cents for the day and 4.5 percent on the week to $12.90 per troy ounce.
Base metals prices were mixed this week. Three-month copper gained $100 this […]