Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Sunday 05th of July 2009
Thursday, September 4, 2008

Palladium gains as other precious metals see declines

Palladium gains as other precious metals see declines

Most metals prices were lower Thursday, but October palladium was higher, trading at $1,395 per troy ounce in New York.

December gold was down $5 to trade at $803.20 per troy ounce and has lost more than $30 since 28 August,, while December silver fell to $12.76 per troy ounce and December palladium traded lower at $287.20 per troy ounce.

Gold dropped on a stronger dollar that reduced demand for the metal as an investment.

Among base metals, Lead was $46 lower to $1,900 per tonne in late afternoon trade on the London Metal Exchange, while December copper was about 2 cents below Wednesday’s level to $3.29 per pound in New York.

 

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