Gold declined today on concerns that rising prices may hurt physical demand. The drop capped the
Copper prices rose today with the help of positive data from China. The trade balance surplus widened from $25.6 billion to $31.9 billion in January, exceeding traders’ expectations. Copper imports surged 53 percent from a year ago to the record of 536,000 metric tons. March futures for delivery of copper added $0.0185 (0.58 percent) to $3.2335 per pound today.
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