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World Bank tips metal prices to shine, but precious metals to decline

Wednesday, January 25, 2017 - 05:50

The World Bank raised its metals price forecast to an increase of 11 per cent, up from October's estimate of 4 per cent on tighter supply and strong demand from China and advanced economies.


METAL prices are expected to rise quite robustly in 2017 while oil prices also will retain a firm trend, the World Bank said in the latest issue of a regular report published on Tuesday. Precious metal prices, however, are set to decline, the report said.

The report -

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