Copper Tumbles From Record in London

Bloomberg reports that Copper tumbled the most in four months in New York.

The market news is quoted as saying:

China’s central bank may raise interest rates within weeks after inflation accelerated to the fastest pace in 25 months in October, according to a Bloomberg News survey. The country is the world’s largest metals consumer. Copper has gained more than fivefold since 2002 as robust growth in emerging economies boosted demand for the metal used in buildings and electric grids.

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