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The gold market is spinning its wheels, caught in a stalemate, which could create some profit-taking among investors and weigh on prices in the near term. According to analysts, gold investors need more clarity from the Federal Reserve as a rate cut this summer becomes increasingly unlikely. "It seems that gold bulls are a bit tired now, and they need a ...
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Copper prices bounced on Friday, supported by a softer dollar and revisions to forecasts showing diminished supply after mine disruptions. Three-month copper on the London Metal Exchange (LME) rebounded 1% to $9,867 a metric ton by 1000 GMT after easing by 1.3% in the previous session. LME copper was set for its first decline in five weeks, slipping about ...