world spot prices in precious metals

Sydney - Wednesday - May 26 (RWE Aust Business News) - World
precious metal against spot sellng prices on Asian markets.
Gold rose $5.60 to $1207.80 oz; Silver gained 10c to $18.10 oz
but platinum slipped $1.00 to $1521.00 oz while palladium rose $9.00 to
$453.00 oz.

By comparison previous prices in New York and London were:
COMEX METALS... spot gold is currently $1198.68 oz. The June
gold contract rose $4 to $1198 oz, the Aug contract rose $4 to $1199.80
oz. May silver was down 21.9c to $17.763 oz. July platinum fell $42.60 to
$1491.90 oz. and May copper fell 10.3c to 303.35c lb.

LONDON METAL EXCHANGE... official cash ask prices were: copper
$6685 tonne (pre $6770.50), tin $17,350 (pre $17,705), lead $1724 (pre
$1779), zinc $1830.50 (pre $1888), aluminium $1980.50 (pre $2009) and
nickel $21,145 (pre $21,595).
The 3-month ask prices were copper $6731 (pre $6945), tin $17,445
(pre $17,850), lead $1755 (pre $1850), zinc $1866 (pre $1925), aluminium
$2012 (pre $2095) and nickel $21,175 (pre $22,280).


OIL... July crude fell $1.46 a barrel to $68.75 with a
high of $69.91 and a low of $67.15. The Aug contract fell $1.52 a
barrel to $70.10 with a high of $71.35 and low of $68.59. Brent ICE for
July was down $1.62 a barrel to $69.55 with a high of $70.95 and a low of
$68.15.

Reuters CRB index is down 3.18 points to 248.79.


USD, AUD currency rates at local AM time:
----------------------------------------

US DOLLAR... is changing hands at 90.20 yen (pre 90.27), against
the euro it is $US1.2343 (pre 1.2368) against sterling $US1.4407 (pre
1.4426) and against the Swiss franc US86.46c (pre 86.24).


AUSTRALIAN DOLLAR... is changing hands at US82.69c compared
with US81.93c on yesterday's close. Offshore the Aussie posted a high of
US82.67c and low of US80.69c. Against the yen it is at 74.56 (pre 74.63)
at 67.01 euro cents (pre 66.87) and 57.39 British pence (pre 57.52).




*****


IRON ORE
---------
China Iron Ore concentrate purchase price (Fe66%, 17% VAT inclu.,
delivered to mill) - daily, RMB/Dry Metric Tonne*

Date Guofeng Steel Lingyuan Steel
26/05/2010 1180 (1170) 1040 (1040)


China Iron Ore concentrate market price (Fe66%, 17% VAT unclu.) -
daily,
RMB/Dry Metric Tonne


Date Chaoyang Area Tangshan Area
26/05/2010 1030 (1030) 1130 (1130)
Note: A$1 = 5.5844 Yuan RMB


URANIUM (U3O8) NYMEX June 2010

Date $US/lb
25/05/2010 40.50 (40.75

Reuters,