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.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1773.05 | -5.33 | |
| Silver | 19.99 | -0.25 | |
| Copper | 3.63 | +0.01 | |
| Palladium | 2121.45 | -15.12 | |
| Platinum | 932.41 | +2.41 | |
| Oil | 89.40 | -0.01 | |
| Heating Oil | 3.46 | +0.04 | |
| Natural Gas | 9.29 | +0.56 | |
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