Friday, April 13, 2007
Price of gold jumps $10 per ounce on session
Story link: Price of gold jumps $10 per ounce on session
by Brian Turner
by Brian Turner
The price of gold added $10.20 on Friday to $689.90 per troy ounce after June contracts went as high as $690.50 per troy ounce earlier in the day. Spot gold was at $684.30/$684.80 per troy ounce, much higher than Thursday’s late quote. The afternoon fix in London was at $681.75. Gold prices were 1.5 percent higher on the week.
May silver added nearly 24 cents to trade at $14.090 per troy ounce, a gain of 1.7 percent. Spot silver was quoted at $14.04/$14.09. In London, the afternoon fix was set at $13.880 per troy ounce.
July platinum added $6.90 to $1,286.40 per troy ounce after going as high as $1,289 per troy ounce earlier, while June palladium was $6.75 higher to $381.05 per troy ounce.
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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: « Palladium rises as other precious metals see declines
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