Monday, 18 April 2011

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India": Copper tumbles on weak global demand

  • Monday, 18 April 2011
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  • Copper yesterday traded with the negative node and settled -1.16% down at 417 posting its biggest weekly loss since mid-March, as mounting inflationary pressure in China cast a shadow over the near-term demand outlook. Copper again shunned rallies in the precious metals complex, with gold and silver surging to record and 31-year highs, respectively, as investors bought both metals as a hedge



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