Metals prices follow oil lower

Most metals prices were lower on Tuesday.

June gold dropped $9 in afternoon trade in New York to $917.80 per troy ounce, following crude oil prices, which were also slightly lower in afternoon trade.

May silver also declined, falling 38 cents to $17.73 per troy ounce while July platinum dropped $20.90 to $2,026 per troy ounce.

Meanwhile, copper was lower on concerns that recent price gains will hurt demand, especially from emerging economies.

May copper was down 9 cents to $3.89 per pound in New York, while three-month copper dropped $132.50 to $8,557.50 on the London Metal Exchange.