Copper futures tumble after French bond auction

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Source: Forexpros
Copper futures tumbled to one-week low on the persistent worries over the Euro Zone financial difficulties after French bond auction. COMEX copper for delivery in March traded at USD3.413 a pound during the early European Thursday's trade, on the New York Mercantile Exchange, decreasing by 0.61% since opening.
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Fri, 06 Jan 2012 08:37:51 GMT

European markets decline on bank announcements about losses

European shares saw a drop on Thursday session as Deutsche Bank, UniCredit and Santander reported sharp losses. Stoxx 600 index gave up 0.9% or 2.23 points and closed at 247.39, French CAC 40 lost 1.5% or 48.74 points reaching 3,144.91. UK's FTSE 100 index tumbled 0.8% or 44.19 points at 5,624.26 while DAX 30 index experienced a smaller decline of 0.25% or 15.56 points to

Fri, 06 Jan 2012 08:48:46 GMT

US gold output slightly lower in October

US production of gold declined slightly in October to 20,500 kg from the revised September's figure. Daily October's production approached 661 kg as compared to 690 kg in September, reported the Institute U.S. Geological Survey. The average price per one ounce of gold was $1,668.70 in October, indicating 6% decline on a monthly basis.

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