Friday, December 21, 2007
Metals gain in New York trade
Story link: Metals gain in New York trade
by Elaine Frei
by Elaine Frei
Metals prices were higher in New York on Friday.
February gold added $12.60 to $815.80 per troy ounce after the US dollar declined in relation to the euro.
March silver was up 15 cents to $14.49 per troy ounce, while January platinum traded $18.80 higher to $1,536.30 per troy ounce.
Among base metals, copper added 13 cents to $3.10 per pound.
Despite the gains on the day, many analysts believe that copper prices will hold fairly steady next week in a holiday-shortened week on the London Metal Exchange, which will not reopen until next Thursday.
Related posts to: Metals gain in New York trade
Gold up as dollar fails to gain on euro ...
Metal markets roundup ...
Precious metals prices decline on session ...
Gold and silver decline on day, gain on week ...
Lead prices gain on lower inventories ...
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: « Metals and mining credit quality stable according to S&P
Next: Tyre shortage could take years to resolve »
Visited 951 times, 1 so far today