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Metals from copper to silver hit record highs

Posted By admin On December 30, 2010 @ 9:29 am In Money Watch | Comments Disabled

Rowena Mason
London Telegraph

Dec 30, 2010

Copper has hit yet another record high in a strong morning for metals trading, as commodities shook off China’s efforts to halt inflation by raising interest rates on Christmas Day.

The red base metal, used in electronics and wiring, hit $9,550 per tonne on the London Metal Exchange, having crossed the symbolic $9,000 per tonne mark earlier this month.

Metals were strong across the entire commodities sector, with palladium reaching new nine-year highs, silver at fresh 30-year peaks and gold trading near its record price.

Palladium has nearly doubled in price, silver is up 83pc and gold is 30pc higher – its tenth consecutive annual gain.

Full article here [1]

Metals from copper to silver hit record highs 101210banner4 [2]

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[1] Full article here: http://www.telegraph.co.uk/finance/newsbysector/industry/mining/8231527/Metals-from-copper-to-silver-hit-record-highs.html

[2] Image: http://www.stansberryresearch.com/pro/1011PSIENDVD/PPSILC35/PR

[3] Stock up for the Holidays with eFoodsDirect and get FREE Shipping!: http://www.efoodsdirect.com/2010-holiday-special/?aid=14&adid=48

[4] Gold And Silver Hit New Highs For Second Time In One Week: http://www.prisonplanet.com/gold-and-silver-hit-new-highs-for-second-time-in-one-week.html

[5] Gold Rises To New Record In GBP – Close to Near Record Highs In Euros And Most Currencies On Global Debt Contagion Risk: http://www.prisonplanet.com/gold-rises-to-new-record-in-gbp-close-to-near-record-highs-in-euros-and-most-currencies-on-global-debt-contagion-risk.html

[6] Barclays Opens Massive Brand New Precious Metals Vault In London: http://www.prisonplanet.com/barclays-opens-massive-brand-new-precious-metals-vault-in-london.html

[7] Gold Rises to Record, Silver Extends Gains on Currency Declines: http://www.prisonplanet.com/gold-rises-to-record-silver-extends-gains-on-currency-declines.html

[8] Will Silver (And Gold) Prices Rise Now that the Feds Are Launching Criminal and Civil Investigations Into Manipulation of the Silver Market?: http://www.prisonplanet.com/will-silver-and-gold-prices-rise-now-that-the-feds-are-launching-criminal-and-civil-investigations-into-manipulation-of-the-silver-market.html

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