Solid foundations. New horizons.

Free
Message: COMMODITIES - (Thursdays Close) - Ni-Cu UP

COMMODITIES - (Thursdays Close) - Ni-Cu UP

posted on Jun 12, 2009 05:32AM


Nickel and Copper seams to be on a tear latetly, its nice to see that Nickel is over the $7.00 mark and Copper is above $2.40. Lead and Zinc have also moved up, it would bode well if they can retain these new highs.

Gold rose from a two-week low in New York and London on speculation that a slide in the dollar will spur demand for the precious metal as a currency alternative. Gold futures for August settlement closed up $7.30 at $962 (U.S.) an ounce.



CLOSING PRICES (SPOT)


Gold US$/troy ounce 954.35 -1.20

Silver US$/troy ounce 15.36 0.14

Copper US$/lb 2.43 0.09

Lead US$/lb 0.81 0.03

Zinc US$/lb 0.77 0.04

Aluminum US$/lb 0.76 0.02

Nickel US$/lb 7.12 0.40

Oil West Texas US$/bbl 72.68 1.35

Nat Gas Henry Hub US$ mmbtu 3.51 -0.06

Nat.Gas AECO C C$/gigajoule 2.68 0.04

Share
New Message
Please login to post a reply