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September 2008 Metal Pricing |
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Sunday, 12 October 2008 |
Daily Metals Pricing for September 2008.
Click on metal name to be taken to a line graph of 2008's pricing for that metal.
| Daily Metals Prices September 2008 |
| Date |
Aluminum
(per lb) |
Copper
(per lb) |
Gold
(per oz) |
Nickel
(per lb) |
Platinum
(per oz) |
Silver
(per oz) |
Zinc
(per lb) |
| Sep 30 |
1.09 |
2.91 |
884.50 |
7.14 |
1004.00 |
12.96 |
0.75 |
| Sep 29 |
1.09 |
2.98 |
905.00 |
7.42 |
1093.00 |
13.06 |
0.76 |
|
| Sep 26 |
1.12 |
3.14 |
902.00 |
7.69 |
1140.00 |
13.18 |
0.81 |
| Sep 25 |
1.10 |
3.13 |
888.50 |
7.58 |
1195.00 |
13.34 |
0.80 |
| Sep 24 |
1.12 |
3.174 |
896.00 |
7.61 |
1225.00 |
13.29 |
0.80 |
| Sep 23 |
1.12 |
3.22 |
899.00 |
7.49 |
1210.00 |
13.38 |
0.80 |
| Sep 22 |
1.13 |
3.25 |
889.00 |
7.76 |
1197.00 |
12.99 |
0.81 |
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| Sep 19 |
1.12 |
3.13 |
869.00 |
7.35 |
1155.00 |
12.15 |
0.78 |
| Sep 18 |
1.12 |
3.14 |
863.00 |
7.62 |
1132.00 |
12.93 |
0.77 |
| Sep 17 |
1.13 |
3.14 |
813.00 |
7.92 |
1073.00 |
10.77 |
0.78 |
| Sep 16 |
1.13 |
3.10 |
779.50 |
7.97 |
1081.00 |
10.88 |
0.77 |
| Sep 15 |
1.14 |
3.12 |
775.00 |
8.11 |
1176.00 |
10.84 |
0.78 |
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| Sep 12 |
1.17 |
3.22 |
750.25 |
8.58 |
1187.00 |
10.80 |
0.82 |
| Sep 11 |
1.216 |
3.13 |
740.75 |
8.36 |
1170.00 |
10.66 |
0.78 |
| Sep 10 |
1.16 |
3.11 |
775.75 |
8.33 |
1213.00 |
11.27 |
0.77 |
| Sep 9 |
1.17 |
3.14 |
781.75 |
8.44 |
1270.00 |
12.04 |
0.77 |
| Sep 8 |
1.18 |
3.17 |
808.00 |
8.46 |
1376.00 |
12.38 |
0.79 |
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| Sep 5 |
1.18 |
3.21 |
808.50 |
8.41 |
1387.00 |
12.72 |
0.79 |
| Sep 4 |
1.20 |
3.37 |
805.75 |
8.88 |
1412.00 |
13.02 |
0.82 |
| Sep 3 |
1.19 |
3.28 |
798.50 |
8.73 |
1380.00 |
13.18 |
0.78 |
| Sep 2 |
1.19 |
3.28 |
798.50 |
8.73 |
1380.00 |
13.18 |
0.78 |
| Sep 1 |
1.20 |
3.34 |
822.50 |
8.80 |
1442.00 |
13.58 |
0.80 |
| Source |
LME Cash |
LME Cash |
London PM |
LME Cash |
London PM |
London Fix |
LME Cash |
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August 2008 Metal Pricing |
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Wednesday, 03 September 2008 |
Daily Metals Pricing for August 2008.
Click on metal name to be taken to a line graph of 2008's pricing for that metal.
| Daily Metals Prices August 2008 |
| Date |
Aluminum
(per lb) |
Copper
(per lb) |
Gold
(per oz) |
Nickel
(per lb) |
Platinum
(per oz) |
Silver
(per oz) |
Zinc
(per lb) |
| Aug 29 |
1.22 |
3.41 |
833.00 |
9.19 |
1380.00 |
13.76 |
0.78 |
| Aug 28 |
1.23 |
3.47 |
838.25 |
9.22 |
1494.00 |
13.78 |
0.82 |
| Aug 27 |
1.24 |
3.46 |
833.50 |
9.26 |
1440.00 |
13.76 |
0.81 |
| Aug 26 |
1.22 |
3.44 |
827.00 |
9.16 |
1425.00 |
13.05 |
0.79 |
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| Aug 22 |
1.25 |
3.57 |
824.00 |
9.50 |
1427.00 |
13.62 |
0.82 |
| Aug 21 |
1.24 |
3.56 |
833.50 |
9.57 |
1412.00 |
13.59 |
0.82 |
| Aug 20 |
1.23 |
3.48 |
815.75 |
8.87 |
1365.00 |
13.27 |
0.77 |
| Aug 19 |
1.22 |
3.39 |
788.75 |
8.50 |
1319.00 |
13.01 |
0.77 |
| Aug 18 |
1.23 |
3.37 |
796.25 |
8.19 |
1384.00 |
13.01 |
0.74 |
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| Aug 15 |
1.23 |
3.31 |
786.50 |
8.39 |
1400.00 |
12.82 |
0.74 |
*
| Aug 14 |
1.25 |
3.46 |
818.00 |
8.64 |
1512.00 |
14.64 |
0.74 |
*
| Aug 13 |
1.24 |
3.32 |
818.50 |
8.16 |
1485.00 |
14.68 |
0.74 |
| Aug 12 |
1.25 |
3.29 |
817.75 |
8.00 |
1494.00 |
14.45 |
0.75 |
| Aug 11 |
1.27 |
3.38 |
852.50 |
8.12 |
1543.00 |
15.34 |
0.76 |
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| Aug 8 |
1.28 |
3.42 |
852.50 |
8.09 |
1552.00 |
15.76 |
0.77 |
| Aug 7 |
1.30 |
3.55 |
871.50 |
8.37 |
1600.00 |
16.59 |
0.79 |
| Aug 6 |
1.29 |
3.57 |
879.50 |
7.93 |
1612.00 |
16.74 |
0.79 |
| Aug 5 |
1.28 |
3.54 |
882.00 |
7.91 |
1564.50 |
16.67 |
0.79 |
| Aug 4 |
1.29 |
3.58 |
905.75 |
8.16 |
1587.00 |
17.37 |
0.81 |
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| Aug 1 |
1.30 |
3.67 |
912.50 |
8.23 |
1675.00 |
17.59 |
0.84 |
| Source |
LME Cash |
LME Cash |
London PM |
LME Cash |
London PM |
London Fix |
LME Cash |
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Precious Metals Fall to 2008 Lows |
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Monday, 18 August 2008 |
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Precious metals prices took a huge dive Friday, with gold, platinum, and silver all hitting 2008 lows. Gold fell $31.50 through the day, platinum dropped over $100.00 an ounce to $1400.00, and silver lost about 12% to close at a London PM fix of 12.82 an ounce. |
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What are Olympic Medals Made Of? |
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Friday, 15 August 2008 |
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While watching Medals Ceremonies at the Olympic Games I came to wonder what metals actually go into the Gold, Silver, and Bronze that honor the world's greatest athletes.  2008 Beijing Medals I found my answer at the website of The Mineral Council of Australia.
According to the Mineral Council it's required that each Gold and Silver Medal contains at least 92.5% pure silver. From there a minimum of 6 grams (.211 ounce)of 24k gold is used to coat the top prize. The Bronze medal can be any grade of bronze (an alloy of copper, zinc, and tin).  © AP We all know that the real value of these medals can't be expressed in dollars and cents, but we can break down the raw materials into their current values. By my calculations the silver that goes into the medals would cost $117.00 at today's price of $14.64/oz. Win the Gold and you've added $151.00 of 24k gold plating for a total of $268.00. The Bronze, weighing just under a half a pound, would get you about $5.00 at a raw material price.
Of course these are just raw material prices. In no way does this reflect the true value of the results of a lifetime of effort and achievement, or as the true work of arts that they are.
BTW: Congratulations to Nastia on bringing home the Gold!!! |
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