Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Thursday 11th of March 2010
Monday, April 2, 2007

Nickel, copper prices rise as gold, zinc decline

Nickel, copper prices rise as gold, zinc decline

The prices for copper and nickel were higher on Monday, but gold dropped $2 to trade at $661.80/$662.30 per troy ounce.

Copper added $100 to $6,980 per tonne, approaching the $7,000 level for the first time since December. Prices are being supported by forecasts that demand will exceed supply in the second quarter. Meanwhile, nickel was $700 higher to $45,000 per tonne following recent sell-offs as London Metal Exchange warehouses saw stockpiles rise.

Zinc prices, however, continued to decline, falling $115 to $3,140 per tonne on the session.

 

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