Copper, aluminium gain after early declines
by Elaine Frei

Most metals prices were higher Tuesday, with copper and aluminium both ending higher in London after seeing declines earlier in the day.
March copper remained about even in New York at $1.67 per pound but it gained $90 to $3,750 per tonne on the London Metal Exchange, while aluminium gained $28 to $1,918 per tonne in London.
The gains came even though demand worries remain for both metals as well as for lead, which also still managed to see gains, adding $29 to $1,300 per tonne.
Zinc added $69 to $1,229 per tonne as the largest producer of the metal said it will make production cuts, while nickel was up approximately $100 as it traded at around $10,650/$10,655 per tonne, but tin dropped about $650 to $13,000 per tonne in London.
In afternoon trade in New York, December gold was $7.50 lower to $735.50 per troy ounce on fears that a slowing economy would hurt demand, but December silver added 21 cents to $9.54 per troy ounce and January platinum gained $16.40 to $837 per troy ounce.
Related posts to: Copper, aluminium gain after early declines
Metals rise after early declines ...
Metal markets roundup ...
Lead and zinc gain as copper declines ...
Palladium declines by $2 ...
Precious metals gain as base metals see mixed results ...
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: « Gold drops half a dollar in New York
Next: Copper prices fall on inventories, US housing data »
Visited 4239 times, 1 so far today