Thursday, February 15, 2007
Prices on precious metals decline
Story link: Prices on precious metals decline
by Brian Turner
by Brian Turner
The price of gold fell on Thursday after two sessions of gains, with April contracts on the New York mercantile exchange $2.20 lower just before midday to trade at $669.80 per troy ounce. Silver and platinum were both lower as well, with March silver down 11 cents to $13.855 per troy ounce and April platinum falling $9.10 to $1,208 per troy ounce. The price of palladium also declined, going $3.35 lower to $342.50 per troy ounce. In base metals, however, March copper added 2.4 percent to $2.638 per pound.
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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: « Nickel price up on tight supplies
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