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Copper prices rallied by 0.88% to settle at 891.95 driven by mounting concerns over inadequate supply amidst speculative demand.
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Dollar index slipped below 104 mark during intraday moves on Thursday.
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Copper scrap prices registered marginal increase.
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Dollar index which gauges the greenback’s strength against a basket of six currencies was at 104.20.
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Copper Soared To A Record-High Amid Increasing Concerns Of Insufficient Supply.
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Dollar Index Slides To Over One- Month Low On Soft US Inflation Report.
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Gold prices near $2,400 as CPI data puts rate cuts in focus.
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