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Zinc hits 10-month peak, copper up as US$ slides; gold gets a reprieve

Published Sun, Jun 5, 2016 · 09:50 PM
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London

ZINC notched up a new 10-month high on Friday after the dollar tumbled due to weak US jobs data and as bullish speculators kept buying ahead of expected shortages.

Copper rose after a further erosion of inventories and other base metals also joined the rally as the likelihood of early US rate hikes diminished.

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