Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: COMMODITIES - (Fridays Close)

COMMODITIES - (Fridays Close)

posted on May 16, 2009 04:06AM

Gold futures settled marginally higher yesterday on flight-to-quality buying as equities declined. It also gained as an inflation hedge as participants consider government stimulus efforts and quantitative easing. June gold gained $2.90 to settle at $931.30 (U.S.) an ounce.


CLOSING PRICES (SPOT)


Gold US$/troy ounce 932.00 5.25

Silver US$/troy ounce 14.00 -0.04

Copper US$/lb 1.82 0.02

Lead US$/lb 0.67 0.02

Zinc US$/lb 0.67 0.00

Aluminum US$/lb 0.67 0.00

Nickel US$/lb 5.62 -0.04

Oil West Texas US$/bbl 57.04 -1.58

Nat Gas Henry Hub US$ mmbtu 4.05 -0.05

Nat.Gas AECO C C$/gigajoule 4.00 -0.25


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