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:
Copper prices drop in New York, London BHP Billiton scraps plans to acquire Rio Base metals see more price declines Copper prices fall on inventories, US housing data Copper, aluminium gain after early declines Gold drops half a dollar in New York Copper pares gains on US retail data Copper, aluminium inventories continue to climb Alcoa delays expansion at Wagerup and cuts production Platinum, palladium down on auto sector problemsPrevious: « Base metals up on week despite Friday declines
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