Wednesday, October 18, 2006
Metals prices mixed; gold holds steady
Story link: Metals prices mixed; gold holds steady
by Brian Turner
by Brian Turner
In metals markets on Wednesday, prices for nickel and tin were both lower. Tin dropped 3 percent to $9,700 per tonne, while nickel fell 1.4 percent to $30,950 per tonne on predictions of a supply deficit over the next ten years. Copper, however, added 0.1 percent to $7,650 per tonne and aluminium gained 0.2 percent to $2,715.5 per tonne. Gold remained about the same, trading at $592.80 per troy ounce.
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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 lower after records
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