Thursday, December 7, 2006
Precious, base metals prices decline
Story link: Precious, base metals prices decline
by Brian Turner
by Brian Turner
Prices on precious metals dropped Thursday. Platinum was 0.4 percent lower to $1,116 per troy ounce, while gold fell 0.9 percent to $628.70 per troy ounce. Base metals prices also dropped ahead of Friday’s latest US employment data. Tin fell 0.5 percent to $10,700 per tonne on uncertainties relating to supplies. Copper dropped 1 percent to $6,920 per tonne, while nickel was 1.6 percent lower to $33,700 per tonne and zinc fell 3.5 percent to $4,275 per tonne.
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