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Copper May Rules At $ 6,000

Copper prices are likely to increase further to trade at around $ 6,000 per tonne this year, on the back of weakening dollar and expected rise in inflation in major global economies, according to a report.

"Declining prices of (the) dollar and rising inflation in the days to come will provide a strong platform for the surge in prices from macro economic point of view," SMC Global senior research analyst Teja Seth said.

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