Copper traders are the most bullish in two months on speculation that demand will strengthen from the U.S. to China at a time when stockpiles monitored by the world’s biggest metals exchange are at a 2 1/2 year low.
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Copper May Fall on World Bank’s Lower Forecast for Global Economic Growth
Copper may fall in New York from a 16-week high after the World Bank cut its forecast for global growth by the most in three years, casting doubt on prospects for demand.
Copper posted modest gains on Friday
Crude
A positive global sentiment and a weaker US dollar underpinned rising crude prices on Friday.
A Look at Base Metals Technicals
Not too long ago, base metals were the hottest of commodities.
Other Precious Metals
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