Prices of main and precious metals on New York Commodity Exchange by July 1 trade results
/IRBIS, Alima Kopbaeva, July 2, 2008/ - Prices of main and precious metals on New York Mercantile Exchange (NYMEX) on SPOT terms according to results of trades of July 1, 2008.
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Price:
Name of Unit ---------------------------- Trend
metal measure max. min. last
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Main metals
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copper USD/lb 4.01 3.99 3.99 +0.11
aluminum USD/lb 1.41 1.40 1.41 0
zinc USD/lb 0.86 0.85 0.85 -0.27
nickel USD/lb 9.78 9.64 9.64 -0.47
lead USD/lb 0.79 0.78 0.78 -0.29
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chrome USD/lb n/а n/а 5.7 +1.57
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Ferrochrome* USD/lb n/a n/a 5.53 -0.72
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Ferrochrome** USD/lb n/a n/a 5.11 -0.39
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Charge-chrome(52%Cr) USD/lb n/a n/a 2.01 +66.12
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Precious metals
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silver USD/oz 18.23 17.36 18.05 -0.22
gold USD/oz 947.30 921.30 938.30 -0.13
platinum USD/oz 2,082.00 2,068.00 2,081.00 +0.36
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*- low-carbon strong ferrochrome
**- high-carbon strong ferrochrome
The data in table are based on information of COMEX (Commodity Exchange of New York, a concern of NYMEX), except prices on chrome (Hong Kong Exchange) and ferrochrome (Pittsburg storage). The data of different Internet- resources have been used to create information in table.
USD/lb means price in USD per pound of main metal, USD/oz means price in USD per troy ounce.
According to Bloomberg, gold prices grew due to the growth of interest of investors in protection of capital from market shocks. The main reason of growth investors` anxieties was escalation of tension around Iran nuclear program.
August futures on gold in COMEX have increased by $16.20 (or 1.7%), what makes $944.50 per troy ounce. It is the highest closing price since April 16.
[2008-07-02]