Wednesday, January 17, 2007
Gold gains $8 per troy ounce
Story link: Gold gains $8 per troy ounce
by Brian Turner
by Brian Turner
In the metals markets on Wednesday, gold was better than $8 higher as it traded at $633.20/$633.95 per troy ounce. Base metals prices were again mixed, with nickel and copper both higher but three-month aluminium $4 lower to $2,677 per tonne. Three-month copper added $40 to $5,640 per tonne, while nickel added close to $2,000 to $35,550 late in the day after hitting a record $35,700 per tonne on the London Metal Exchange earlier in the session.
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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: « Base metals prices mostly up on falling LME inventories
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