Copper falls, investors worry over Chinese demand.
High oil prices will cut growth - IMF says.
Aluminium stocks fell 2,275 tonnes.
Copper in LME warehouses rose 1,000 tonnes.
Crude oil falls sharply almost 4% trading near 106$.
Gold slide below 1450$.
Gold slid by more than 1 percent on Tuesday, echoing a sharp decline in the oil price and ignoring the decline in the dollar to succumb to profit-taking after having hit record highs on Monday. Copper fell on Tuesday as investors fretted about softness in demand from top metals consumer China, while the deepening nuclear crisis in Japan and recent strength in oil prices also knocked the demand outlook.
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High oil prices will cut growth - IMF says.
Aluminium stocks fell 2,275 tonnes.
Copper in LME warehouses rose 1,000 tonnes.
Crude oil falls sharply almost 4% trading near 106$.
Gold slide below 1450$.
Gold slid by more than 1 percent on Tuesday, echoing a sharp decline in the oil price and ignoring the decline in the dollar to succumb to profit-taking after having hit record highs on Monday. Copper fell on Tuesday as investors fretted about softness in demand from top metals consumer China, while the deepening nuclear crisis in Japan and recent strength in oil prices also knocked the demand outlook.
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