Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 10th of February 2012
Thursday, April 12, 2007

Palladium rises as other precious metals see declines

Palladium rises as other precious metals see declines

Precious metals prices were mixed on Thursday, with most lower on the session. The exception was June palladium, which added $4.75 to $374.90 per troy ounce after going as high as $377.90 per troy ounce during the day, its highest price since May 2006. Spot palladium traded in a range between $367.50/372.50.

June gold was $2 lower to $679.70 per troy ounce and traded in a range between $675.50 and $684.60. Spot gold was around $675.80/$676.30 per troy ounce, slightly lower than late Wednesday’s quotes. The afternoon fix in London was at $677.25 per troy ounce.

May silver dropped 3.5 cents to $13.855 per troy ounce, trading in a range from $13.695 to $13.975. Spot silver was at $13.84/$13.89. The London afternoon silver fix was at $13.840 per troy ounce.

July platinum dropped $1.80 to $1,279.50 per troy ounce, while spot platinum was quoted around $1,265/$1,270 per troy ounce.

Among base metals, May copper dropped 8 cents to trade at $3.50 per pound on Thursday afternoon.

 


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