gold price trend

2011年7月9日 星期六

$ 1,541 per ounce Gold prices

Gold prices, the weekly increase for the largest since November 2009, the U.S. job market slack, suggesting that interest rates will remain at low levels, to enhance the attractiveness of gold as an alternative investment.

Gold futures for August delivery rose 11 cents, or 0.7 percent, closing $ 1,541.60 an ounce, up 4 percent this week, total.

New York Mercantile Exchange, silver for September delivery rose 0.7 cents to close $ 36.548 an ounce. The Zhou Jinyang 8.4% silver, 12 months since the biggest weekly gain.

Palladium for September delivery fell $ 7.60 or 1% ounce to $ 778.95. Palladium prices rose 2.8 percent this week.

Period of platinum for October delivery fell $ 9.60, or 0.6 percent, ounce to $ 1,733.40. Platinum prices rose 1 percent this week.

Weaker copper prices in New York, the biggest decline in nearly two weeks, after U.S. employment increased in June than expected, impairment of economic growth prospects.

New York Mercantile Exchange price of copper for September delivery fell 3 cents, or 0.7 percent, closing $ 4.412 per pound for the trading price of the most active contract since June 27, the largest decline since. Tired this week, copper prices rose 2.5% in the past year or up to 46%.

London Metal Exchange (LME) 3 months after the delivery of copper prices fell 79 cents, or 0.8 percent, reported $ 9,661 per ton ($ 4.38 per pound).

London, zinc, lead, aluminum, nickel and tin prices have fallen

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