Friday, June 22, 2007
Base metals prices mixed at week’s close
Story link: Base metals prices mixed at week’s close
by Brian Turner
by Brian Turner
Base metals prices were mixed this week. Lead added 6.9 percent during the week to trade at $2,540 per tonne on Friday. Prices for lead prices were pushed up by declining inventories. There were also worries about Chinese supplies.
On the other hand, copper prices dropped 1.2 percent to $7,440 per tonne as worries continued that threatened strikes would materialize in Latin America. Nickel prices fell 11.3 percent to $37,600 over the week.
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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: « Nickel prices up; copper, lead prices lower
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