Summary Box: Gold, metals give away gains from rally as corn rises before crop report

By AP
Thursday, October 7, 2010

Summary Box: Gold, metals give away some gains

GOLD SINKS: Gold for December delivery fell $12.70 to settle at $1,335 an ounce Wednesday, falling from the record high of $1,347.70 it hit Wednesday.

METALS FOLLOW: Copper lost 7.35 cents to $3.6795 a pound. October palladium lost $2.55 to settle at $587.10 an ounce and platinum lost $7 to settle at $1,700 a pound.

GRAINS GAIN: Corn prices rose 9.75 cents to settle at $4.9825 a bushel. Soybeans for November delivery rose 3 cents to $10.65 a bushel. Wheat for December delivery rose 1 cent to settle at $6.5925 a bushel.

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