Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Wednesday 07th of January 2009
Thursday, December 27, 2007

New York gold gains on mixed day for metals

New York gold gains on mixed day for metals

Precious metals prices were mixed in New York on Thursday.

February gold added $2.20 to $831.70 per troy ounce as energy prices climbed, the dollar weakened in relation to the euro, and news came that Pakistan opposition leader Benazir Bhutto had been assassinated after speaking to a rally there.

March palladium was also higher, gaining 5 cents to $368.35 per troy ounce to bring its gains this year to 8.8 percent.

On the other hand, April platinum dropped $6.40 to $1,536.60 per troy ounce on demand concerns after rising to a record $1,545.90 earlier in the session, while March silver fell 2 cents to $14,82 per troy ounce.

Among base metals, meanwhile, March copper dropped 4 cents to $3.13 in New York but London three-month copper added $85 to $6,880 per tonne after going as high as $7,065 per tonne earlier as London Metal Exchange stockpiles dropped by 100 tonnes on the session.

 

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