Precious Metals

Reuters reports that Newmont Mining Corp. (NYSE:NEM) expects gold prices to rise in 2011 as a hedge and on demand from emerging countries, such as China, its chief executive said on Friday.

Reuters reports that Newmont Mining Corp. (NYSE:NEM) expects gold prices to rise in 2011 as a hedge and on demand from emerging countries, such as China, its chief executive said on Friday.

The market news is quoted as saying:

Copper for delivery in three months was up 0.5 percent this week at $9,489.25 a metric ton as of 5:27 p.m. yesterday on the London Metal Exchange.

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MARKETS

Markets
TSX20180.60+0.79
TSXV678.50-1.99
DOW33912.44+151.39
S&P 5004297.140.00
NASD13128.05+80.87
ASX7064.30+31.80

COMMODITIES

Commodities
Gold1773.05-5.33
Silver19.99-0.25
Copper3.63+0.01
Palladium2121.45-15.12
Platinum932.41+2.41
Oil89.40-0.01
Heating Oil3.46+0.04
Natural Gas9.29+0.56

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