Thursday, September 7, 2006
Gold, silver prices decline
Story link: Gold, silver prices decline
by Brian Turner
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 tonne in late trade in London, while aluminium was up by $39 to $2,675.5 per tonne and nickel added $50 to $28,450 per tonne.
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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: « IMF report predicts lower copper, aluminium prices by decade’s end
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