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Commodities rise to highest in 11 weeks on China demand outlook

Posted on 11 January 2013

Commodities rose to their highest in more than 11 weeks, led by energy and metals, amid optimism that an economic recovery in China will boost demand. Gold advanced to a one-week high.
The Standard & Poor’s GSCI Index of 24 raw materials gained to the highest level since Oct. 22, as aluminum advanced as much as 2 percent and crude climbed to the highest level in more than three months. China’s exports jumped 14.1 percent last month, compared with a 5 percent median forecast in a Bloomberg News survey. The nation is the world’s biggest user of industrial metals and energy………………………………………..Full Article: Source

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