Prices of main and precious metals on New York Commodity Exchange by July 7 trade results

08.07.08 17:27
/IRBIS, Alima Kopbaeva, July 8, 2008/ - Prices of main and precious metals on New York Mercantile Exchange (NYMEX) on SPOT terms according to results of trades of July 7, 2008. ------------------------------------------------------------- Price: Name of Unit -------------------------- Trend metal measure max. min. last -------------------- ------- -------- -------- -------- ----- Main metals ------------------------------------------------------------- copper USD/lb 3.90 3.87 3.88 -0.29 aluminum USD/lb 1.48 1.45 1.46 -1.13 zinc USD/lb 0.82 0.80 0.80 -1.67 nickel USD/lb 9.45 9.32 9.32 -0.92 lead USD/lb 0.73 0.71 0.71 -1.26 -------------------- ------- -------- -------- -------- ----- chrome USD/lb n/а n/а 5.99 0 -------------------- ------- -------- -------- -------- ----- Ferrochrome* USD/lb n/a n/a 5.57 -0.72 -------------------- ------- -------- -------- -------- ----- Ferrochrome** USD/lb n/a n/a 2.43 -2.41 -------------------- ------- -------- -------- -------- ----- Charge-chrome(52%Cr) USD/lb n/a n/a 2.13 +5.97 -------------------- ------- -------- -------- -------- ----- Precious metals ------------------------------------------------------------- silver USD/oz 18.13 17.58 17.84 +0.28 gold USD/oz 930.50 914.30 926.60 +0.05 platinum USD/oz 1,991.50 1,973.00 1,987.50 +0.79 ------------------------------------------------------------- *- 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 Metals Market, copper prices decreased by 10% to $3.88 per pound. The reason is appreciation of US dollar and finishing of miners` strikes in Peru. Precious metals prices also fell. Thus, August futures on gold in COMEX fell by $4.80 to $928.80 per troy ounce. Prices on September futures on silver fell to $17.92 per troy ounce and October futures on platinum - to $1,983.80 per troy ounce. [2008-07-08]