The U.S. dollar rose to fresh sevenmonth highs against a gift basket from RunescapeGold's blog

Threemonth copper around the London Metal Exchange dipped 0.34% to 4,656.75 a metric ton, hovering close to the lowest level since June 2009.Copper prices have declined for 13 straight days because the possibility better interest rates within the U.S. and slower global economic growth, specifically in China, weighed.Prices from the red metal are down almost 30% since May as fears of the Chinaled global economic slowdown spooked traders and rattled sentiment.The Asian nation may be the world s largest copper consumer, accounting for pretty much 45% of world consumption.

Elsewhere in metals trading, gold prices fell to some fiveandahalfyear have less Wednesday, as investors braced for any hike in interest rates through the Federal Reserve the following month.Gold futures are nearly 10% lower from highs hit in midOctober as investors recalibrated their expectations of U.S. monetary policy in reaction to hawkish signals in the Fed.Expectations better borrowing rates moving forward is considered bearish for gold, because the precious metal struggles to contend with yieldbearing assets when rates are around the rise.

The U.S. dollar rose to fresh sevenmonth highs against a gift basket of six other major currencies amid growing expectations for tighter monetary policy within the U.S. within the ing months.Dollarpriced modities be expensive to investors holding other currencies once the greenback gains.Investors is going to be focusing on minutes from the October Federal Reserve meeting due on Wednesday at 2:00PM ET.The Fed left rates of interest unchanged following its meeting recently, as widely expected, but surprised the marketplace with a hawkish statement, which included an immediate reference to its next policy meeting.

Recent ments by Fed officials, including Janet Yellen, have bolstered expectations the U.S. central bank will raise rates of interest for the first time in nearly ten years when it meets the following month. We encourage you to employ ments to interact with users, share your perspective and get questions of authors and every other.

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