Tuesday, October 31, 2006
Most base metals prices up on session
Story link: Most base metals prices up on session
by Brian Turner
by Brian Turner
In the metals markets on Tuesday, Zinc hit another record high, hitting $4,300 per tonne during the session after London Metal Exchange inventories fell again. Analysts have predicted that the price of zinc could reach $5,000 per tonne by the end of the year. Three-month lead was trading at $1,630 per tonne at one point during the day, while copper added $25 to $7,395 per tonne. The price of aluminium, however, was $19 lower to $2,789 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: « Zinc hits new high on declining inventories
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