Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Thursday 20th of November 2008
Friday, February 22, 2008

Most metals prices lower on session

Story link: Most metals prices lower on session
by Elaine Frei
Most metals prices lower on session

Most metals prices were lower Friday, with the silver the exception among precious metals and tin the gainer among base metals.

March silver added 9 cents to $18.04 per troy ounce in New York, while three-month tin gained $170 to close at $17,570 per tonne in London after going as high as $17,600 per tonne earlier in the session.

Otherwise among precious metals, April gold was down $1.40 to $947.80 per troy ounce on decreased inflation worries.

Some analysts are still predicting, however, that gold will rise to $1,000 per troy ounce this year.

April platinum fell from record highs, declining by $20.40 $2,167.80 per troy ounce in New York.

Among base metals, May copper was down 2 cents to $3.80 per pound in New York and three-month copper in London dropped $80 to $8,350 per tonne after inventories in both London and Shanghai were reported to be sharply higher.

Meanwhile, three-month aluminium fell $26 to $2,920 per tonne, zinc was down $40 to $2,500 per tonne, lead was $136 lower to $3,260 per tonne, and nickel dropped $850 to $28,400 per tonne.

 

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: Most metals prices lower on session

Gold and silver decline on day, gain on week ...

Precious metals prices lower on session ...

Metals prices lower on session ...

Base metals prices lower on session ...

Copper higher on supply, strike concerns ...

Latest Metals News:

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

Latest News  China’s stimulus plan sends most metals higher

Latest News  Western Areas reports on high grade nickel at Spotted Quoll

Latest News  Rio looks for Chinese joint ventures


Previous: « BHP Billiton and AngloGold remain silent on DRC contract review
Next: Jobs and production lost as South African power crisis continues »

Visited 2069 times, 3 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):