Friday, June 29, 2007
Precious metals prices mixed
Story link: Precious metals prices mixed
by Brian Turner
by Brian Turner
Precious metals prices were mixed in early afternoon trade in New York on Friday.
August gold was 50 cents higher to $650.90 per troy ounce, while October platinum had also added 50 cents to $1,286.50 per troy ounce.
On the other hand, September silver was 3 cents lower, trading at $12.47 per troy ounce.
In London trade, copper added 1.6 percent over the week, to close at $7,560 per tonne on Friday on the London Metal Exchange.
The gains came mostly on strikes and threats of strikes in Latin America.
Lead closed at $2,658 per tonne, a gain of 4.6 percent on the week. Lead hit a new record high on Tuesday when it reached $2,730 per tonne.
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