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المشهد العربي
Copper and metal prices rise on supply worries
Copper prices continued to rise during trading, with the three-month delivery price on the London Metal Exchange reaching $14,645 per ton, up by $112 or 0.75%. This increase is attributed to conflicting concerns over supply, especially following the collapse of the "El Teniente" mine in Chile, which resulted in the death of two workers, despite operations being halted due to bad weather. Investors are also hopeful about the possibility of central banks slowing down or halting interest rate hikes. These factors are occurring amidst falling oil prices and geopolitical tensions in the Middle East.
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