Tuesday, July 31, 2007
Platinum adds nearly $16 in New York
Story link: Platinum adds nearly $16 in New York
by Elaine Frei
by Elaine Frei
Prices for precious metals were higher on Tuesday, with December gold adding $2.70 to $679.30 per troy ounce in New York on weakness in the US dollar and on higher oil prices.
Analysts say, however, that gains could be limited if central banks decide to increase their gold sales, a possibility since several banks in Europe have been selling strongly in recent weeks.
September silver was also higher as it gained 11 cents to $13.02 per troy ounce.
October platinum was up $15.80 to $1,302.60 per troy ounce.
Add to Bookmarks:
Related posts to: Platinum adds nearly $16 in New York
July platinum adds $13.50 per ounce ...
Gold up on day; adds $32 on week ...
Platinum adds $17.50 per ounce ...
Gold adds $8 in New York to end week ...
New York gold adds nearly $3 per ounce ...
Latest Metals News:
Copper prices drop in New York, London BHP Billiton scraps plans to acquire Rio Base metals see more price declines Copper prices fall on inventories, US housing data Copper, aluminium gain after early declines Gold drops half a dollar in New York Copper pares gains on US retail data Copper, aluminium inventories continue to climb Alcoa delays expansion at Wagerup and cuts production Platinum, palladium down on auto sector problemsPrevious: « Rio Tinto plans Malaysian aluminium smelter
Next: Lead prices gain on lower inventories »
Visited 944 times, 2 so far today