News Feeds
Coin Collecting NewsGold, copper end at highest levels in more than two months
SAN FRANCISCO (MarketWatch) — Gold futures climbed more than $4 an ounce Thursday and copper prices rallied nearly 3%, sending the benchmark contracts for both metals to their highest closing levels in more than two months.
Concerns over high energy prices and overall weakness in the U.S. dollar continued to support gold prices, while strong demand for copper and expectations for growth in consumption lifted copper.
Gold for August delivery closed $4.40 higher at $678.10 an ounce on the New York Mercantile Exchange, the contract’s strongest closing level since May 15. It traded as high as $678.50, its highest intraday level since June 5.
Related Articles
- Gold glittering at record price
- Gold futures close near $900 as oil prices surge
- Gold Plummets on Profit-Taking
- Gold ends above $920, up over 6% in four sessions
- Gold dulls as dollar turns mixed, oil backs off high
- US Mint Resumes Gold Sales but Not Platinum - UPDATE
- Gold futures close with a more than $11 loss
- Platinum inches higher, gold hits 7-week low
- Gold Gets More Precious, Cracking $800 Barrier
- Gold edges up; platinum hits record high
- Gold falls 2 pct on dollar rise, profit-taking
- Gold closes almost $17 lower on dollar strength
- Gold touches 27-year high of $746.30 an ounce; silver surges nearly 3%
- Dollar Bounce Sends Gold To Low For The Year
- US Mint Halts Sale of 2007 Proof Buffalo Gold and Platinum Coins
- Gold ends lower on dollar rise, seen vulnerable
- Gold ends up, lifted by oil surge, dollar drift
- Gold May Gain in London on Inflation Concern, Weaker Dollar
- Gold surges to 28-year high, as dollar tumbles
- Soaring Gold Prices Create New Rush
