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

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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