Prices of main and precious metals on New York Commodity Exchange by July 3 trade results
/IRBIS, Alima Kopbaeva, July 4, 2008/ - Prices of main and precious metals on New York Mercantile Exchange (NYMEX) on SPOT terms according to results of trades of July 3, 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 4.00 3.98 3.99 +0.06
aluminum USD/lb 1.42 1.41 1.42 +0.32
zinc USD/lb 0.82 0.79 0.80 +2.60
nickel USD/lb 9.43 9.32 9.34 +0.22
lead USD/lb 0.71 0.69 0.70 +0.98
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chrome USD/lb n/а n/а 5.7 0
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Ferrochrome* USD/lb n/a n/a 5.50 n/a
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Ferrochrome** USD/lb n/a n/a 5.14 n/a
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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 18.52 18.00 18.21 -0.27
gold USD/oz 947.50 927.10 935.40 +0.19
platinum USD/oz 2,033.00 2,013.00 2,033.00 +0.59
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*- low-carbon strong ferrochrome
**- high-carbon strong ferrochrome
The data in the table are based on information of COMEX (Commodity Exchange of New York, a concern of NYMEX), except for prices on chrome (Hong Kong Exchange) and ferrochrome (Pittsburg storage). The data of different Internet- resources have been used to compile the table.
USD/lb means price in USD per pound of main metal, USD/oz means price in USD per troy ounce.
According to Zhan-Klode Trishe, the president of European Central bank, interest rate in Eurozone won't increase, remaining at 4.25%; it will negatively affect metal prices, in particular precious metals.
[2008-07-04]