METAL PRICES — DAILY METAL PRICES (May 12, 1997)

BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)

Date May 6 May 5 May 2 May 1 April 30
Aluminium 1600-1600.5 Holiday 1587-1588 1598-1599 1610-1610.5
Copper 2445-2446 Holiday 2400-2401 2440-2441 2412-2414
Lead 615.5-616 Holiday 610.5-611.5 616.5-617 609-610
Nickel 7316-7317 Holiday 7240-7250 7225-7230 7225-7230
Tin 5740-5750 Holiday 5690-5695 5645-5655 5610-5615
Zinc 1261.5-1262.5 Holiday 1241.5-1242 1246-1246.5 1245-1246

GOLD PRICES (London fix and Toronto bank bid/ask, US$ per oz.)

DateMay 6May 5May 2May 1April 30

London AM342.80Holiday339.80339.55340.45

London PM342.45Holiday339.65339.25340.15

PRECIOUS METAL PRICES (London fix and interbank rates, US$ per oz.)

DateMay 6May 5May 2May 1April 30

Silver 2.909Holiday2.9392.880n/a

Silver US$4.752Holiday4.7354.6754.663

Platinum US$374.00Holiday372.50372.25374.25

Palladium US$159.00Holiday156.00155.50156.75

EXCHANGE RATES (Bank of Canada noon rate)

DateMay 6May 5May 2May 1April 30

U.S. Dollar1.37781.38111.38311.38841.3970

Sterling2.25612.23782.24382.25502.2638

Deutschmark0.80000.79720.80070.80700.8068

Yen0.010980.010900.010930.010960.01101

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