LONDON - Copper prices steadied on Wednesday after falling to two-week lows as expectations of a poor economic outlook and demand growth prospects dominated sentiment.
Gold futures fell toward $900 (U.S.) an ounce yesterday on a higher dollar and heavy oil losses, losing more than 2 per cent as investors preferred the U.S. currency instead of gold as a safe haven in the face of economic uncertainties. Gold futures dropped $19.80 to $909.30.
CLOSING PRICES (SPOT)
Gold US$/troy ounce 909.11 -15.64
Silver US$/troy ounce 12.89 -0.23
Copper US$/lb 2.14 -0.07
Lead US$/lb 0.72 -0.02
Zinc US$/lb 0.67 -0.03
Aluminum US$/lb 0.69 -0.03
Nickel US$/lb 6.74 -0.32
Oil West Texas US$/bbl 60.07 -2.86
Nat Gas Henry Hub US$ mmbtu 3.22 -0.09
Nat.Gas AECO C C$/gigajoule 2.96 0.14
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