Monday, September 11, 2006
Metals prices decline significantly
Story link: Metals prices decline significantly
by Brian Turner
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.
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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: « Base metals up on week despite Friday declines
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