Thursday, September 8, 2011

Isra-Mart srl: Metals Jumping, Copper Lagging

www.isramart.com
The metals market is much higher today, with the notable exception of copper, which is lower this morning. Equities are modestly higher.

Copper is down 1.8 cents to trade at $4.1140, a loss of 0.44%.

Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is down 32 cents to $53.47, a loss of 0.6%.

Silver is up 67 cents to $42.30, as it looks like $45 is the next mark for the precious metal.

Shares of Ishares Silver Trust ETF (NYSE: SLV [FREE Stock Trend Analysis]) are up 52 cents this morning, to trade at 41.05, a gain of 1.1%.

Gold is soaring, up $37.20 an ounce to $1,854.80, a gain of 2.05%.

Shares of Spdr Gold Trust ETF (NYSE: GLD) are up $2.75 to $179.84.

Platinum is up $21.10 an ounce, trading at $1,849.90, a gain of nearly 1.15%.

The platinum ETF settings First Trust ISE Global Platinum Index (NASDAQ: PLTM) is down 1 cent this morning to trade at $23.54.

Palladium is up $10.55 an ounce today, trading at $763.25, as it looks like it will break $800 an ounce.

Shares of ETFS Physical Palladium Shares (NASDAQ: PALL [FREE Stock Trend Analysis]) are higher today, up 76 cents to $75.27.

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