March copper dropped 5 cents to $1.55 per pound in New York while three-month copper was down $135 to $3420 per tonne on the London Metal Exchange. Some analysts are concerned that the price of copper could fall to as low as $1 per ...
Copper prices have declined from about $3.61 per ton at the end of September to an average of $1.69 last month Even Gold has fallen substantially from its peak. The company in its statement illustrated that the price of molybdenum, ...
The gold price in Hong Kong went down 381 HK dollars to 7059 HK dollars per tael on Tuesday, according to the Bank of China (Hong Kong). The price is equivalent to 765.37 US dollars a troy ounce, down 41.25 US dollars at Tuesday's ...
“We see China and India, which played significant roles in the uprising of metal prices in 2006, curbing their consumption and demand for nickel, copper, gold and silver. This situation has created havoc in the metals market ...
I want to see the warehouse totals over the next couple of days before commenting on that. Time is needed to actually move the metal that is going out. Trader Dan. Comment by Gold Prices — December 2, 2008 @ 11:31 pm ...
According to RBC Capital Markets analyst Adam Schatzker, the company's business model of buying precious metal streams from base metal companies is "on hold" given its poor share price and the awful state of debt and equity markets. ...
It may make sense for investors to compare spot prices of gold at which the metal is purchased and then compare them with gold futures prices for three-month and six-month positions. If the difference is too great, be cautious. ...
Gold’s link with the price of oil comes forcefully back into the reckoning together with the latest strengthening of the dollar against the Euro and Sterling.
... other ‘tell tale’ signs that demand for physical metal is in fact SOARING. This is reflected by the recent decoupling of the price of COMEX gold futures and real costs one must incur to obtain physical ounces in coin or bar form. ...