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Metal Prices @ Metal Markets
Metals market news for the specialist commodity investor

  • Copper prices gain on jobs numbers
    Copper prices were up slightly Friday, helped by US Labor Department data which showed that private employers in the United States added 67,000 jobs in August, more than expected, while overall employment dropped by 54,000 and the unemployment rate was at 9.6 percent. Prices might have risen more, but a separate report showed that the US [...]

  • US pending home sales data helps copper prices
    The price of copper was up Thursday after the National Association of Realtors reported that pending home sales were unexpectedly higher in July, adding 5.2 percent to give a boost to the metal that is used extensively in construction. December contracts for copper added 3 cents to $3.50 per pound in New York trade, while three-month [...]

  • Positive data chases gold prices lower
    Precious metals prices were mixed in New York trade Wednesday as platinum and palladium gained but gold and silver both declined after both the United States and China reported data showing that manufacturing activity in the two nations expanded last month. In the United States, the Institute for Supply Management said that its manufacturing index was [...]

  • Gold gains on search for safetey ahead of economic data
    Precious metals prices were mixed Monday as gold advanced but silver held steady and platinum and palladium both declined. December gold added $1.30 to $1,239.20 per troy ounce on bargain hunting and as investors looked for safe places to put their cash ahead of new data due later in the week, including new figures on US [...]

  • Gold gains as US dollar weakens
    The price of gold was higher Friday on the possibility that the US dollar will weaken more, after it lost value on comments from Federal Reserve Chairman Ben Bernanke at a meeting of central bankers from around the globe being held this weekend in Jackson Hole, Wyoming. Mr. Bernanke said that the government will do whatever [...]


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