Wednesday, August 22, 2007
Gold, silver climb in New York
Story link: Gold, silver climb in New York
by Elaine Frei
by Elaine Frei
Gold and silver prices gained ground on Wednesday on the possibility that the US dollar will weaken further.
Some analysts warned, however, that gold’s gains especially could be limited if investors decide to look to US Treasury bonds instead of metals as a safe place to put their money.
December gold added $2.50 to end the session in New York at $668.70 per troy ounce, while December silver was up 6 cents to trade at $11.73 per troy ounce.
On the other hand October platinum weakened, dropping $2.80 to $1,248.50 per troy ounce on the session.
Related posts to: Gold, silver climb in New York
Gold up with oil prices ...
Metals prices decline on session ...
Gold falls 1.1 percent on New York session ...
Precious metals prices climb on demand ...
Lead higher on data, new export taxes in China ...
Latest Metals News:
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: « Gold outlook positive despite high sales
Next: China copper demand skyrockets in July »
Visited 1070 times, 1 so far today