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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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 fall on session
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