Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Thursday 04th of December 2008
Tuesday, July 17, 2007

Gold lower again

Story link: Gold lower again
by Elaine Frei
Gold lower again

Prices for precious metals were down again on Tuesday.

In early afternoon trade in New York, August gold had dropped 40 cents to $665.90 per troy ounce as investors bet that the euro will not strengthen any more versus the US dollar after the shared currency traded even against the greenback during the day.

At the same time, September silver was 5 cents lower to $13.02 per troy ounce in New York

Platinum was $4.50 lower to trade at $1,322.60 per troy ounce as a strike at the only US platinum producer ended and workers were expected to return to work Tuesday night.

Meanwhile talks continued at one South African platinum mine, while new talks to try to prevent a strike are set to begin soon at another mine in South Africa.

Palladium was also lower, dropping $2.45 to $367.75 per troy ounce.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related posts to: Gold lower again

Precious, base metals prices down in London ...

Metals prices drop despite some decline in inventories ...

Aluminium down on rising inventories, weak demand ...

Gold drops significantly on stronger dollar ...

Metals mixed as demand declines ...

Latest Metals News:

Latest News  Copper prices drop in New York, London

Latest News  BHP Billiton scraps plans to acquire Rio

Latest News  Base metals see more price declines

Latest News  Copper prices fall on inventories, US housing data

Latest News  Copper, aluminium gain after early declines

Latest News  Gold drops half a dollar in New York

Latest News  Copper pares gains on US retail data

Latest News  Copper, aluminium inventories continue to climb

Latest News  Alcoa delays expansion at Wagerup and cuts production

Latest News  Platinum, palladium down on auto sector problems


Previous: « Lead, tin prices increase
Next: Peter Hambro on schedule for one million ounce gold target »

Visited 1475 times, 1 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):