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Copper dips as oil rallies after Trump flags more Iran attacks

Copper prices declined on Thursday, breaking a five-session winning streak, as renewed economic growth concerns emerged. U.S. President Trump’s unclear outline on ending the Iran war, coupled with a strengthening dollar and rising oil prices, contributed to the downturn. Analysts note copper’s inverse correlation with oil and direct correlation with equities, suggesting a weaker economic outlook will dampen demand.

Source :- Markets-Economic Times Read More

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