Archive for January 28th, 2008
U.S. Gold Futures Hit Record High at $930 an Ounce
Gold futures in New York rose to a record high in electronic trading on Tuesday, on the back of a weaker U.S. dollar and expectations of more interest rate cuts in the United States.
The active gold for February delivery GCG8 on the COMEX division of the New York Mercantile Exchange hit a high of $930 an ounce, surpassing Monday’s record high. The contract settled up $16.40 at $927.10 an ounce on Monday.
Commodity Prices — January 28th, 2008
Gold N.Y. Spot $ 921.50
Silver N.Y. Spot $ 16.51
Lead LME Cash $ 1.1730
Copper LME Cash $ 3.1262
Zinc LME Cash $ 1.0022
Nickel LME Spot $ 12.00
Aluminum LME Spot $ 1.1095
Platinum N.Y. Spot $ 1693.00
Palladium N.Y Spot $ 382.50
Oil WTI Cushing $ 89.20
Natural Gas (Henry Hub)($/MMBtu) $ 7.79
CAD/USD (current) $ 1.0033
AUD/USD $ 1.1324
USD/AUD $ 0.8831
USD/CAD $ 0.9956
CAD/USD $ 1.0044
EUR/USD $ 1.4783
Nasdaq 2333.84
DJI 12254.89
S&P/TSX 12839.71
Lead LME Stocks 47,075
Zinc LME Stocks 110,175
Copper LME Stocks 171,675
Nickel LME Stocks 46,806
Copper COMEX Stocks 14,036
