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COMEX Copper futures lingers three month low last week
18-Nov-2024 17:59
COMEX Copper futures tested three month low last week and currently linger around the same mark. The metal currently trades at $4.06 per pound, up marginally on the day. China remained in focus following recent barrage of data. China industrial production posted an annual growth of 5.3 percent in October after rising 5.4 percent in September. China's retail sales advanced at a faster pace of 4.8 percent after rising 3.2 percent in the previous month. This was the fastest growth since February. During January to October, China's fixed asset investment climbed 3.4 percent, the same pace of growth as reported in the January to September period.

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