The metal was trading at $377 an ounce on Friday, about 18 percent higher than its 2002 average of $309.

The metal traded at $464 in Zurich, down from $464.50.

The precious metal is now trading at more than $1,600 an ounce.

In London the metal traded at a bid of $4.85 an ounce, up $4.84.

As of the end of March, the metal was trading at $302.60 an ounce.

In London the metal traded at a late bid price of $5.05 a troy ounce, down from $5.07.

Obviously, being cut off from the Confederation has done our metals trade no good whatsoever.

The metals futures contracts for delivery in the current month have always traded without any limit on price swings.

His advice covers a full range of services, from securities investments to metals trading to currency hedging and tax strategies.

Minmetals, based in Beijing, is a former metals trading company that now controls mines, iron and steel operations.