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Yet peaked intra-day $ 1,432.50 an ounce, a historical record, before the licensees benefit settled in photo: Alamy

Yet peaked intra-day $ 1,432.50 an ounce, a historical record, before profit makers settled in. Argent term reached $30.75 - the highest level since March 1980 - relaxation in afternoon trade before.

In an interview Sunday night on American television, Ben Bernanke, the Chairman of the Federal Reserve has been suggested that the Central Bank can launch most active purchases to support the US economy sick, but he also said that "it seems likely" that the economy would fall back into recession.

Copper prices has also increased to a record in London Tuesday, with term for the delivery of three months amounting to $9,044 a tonne in trade intraday, beating the previous record of $8,966 defined on 11 November. Fears are mounting a future squeeze copper demand should soon exceed supply.

"Copper prices are also favorable messages which surround the stimulus to the United States and emerge from the continuous demand in China," said John Meyer, head of mining broker Fairfax.

Minors have driven up FTSE 100, which closed at its highest level in three weeks. African minor gold Barrick Gold was the gainer more high, rising 6pc, FTSE 100 game of pure copper Antofagasta amounting to 4 9pc, third largest riser card. Mining group diverse single large listed do not in London is Brazilian Vale giant.

Gold prices rose by 28pc this year, a year of gains right-10th. Silver prices jumped by 76pc and copper is 20pc.

But slipped to a minimum of $1,406.30 later Tuesday, while copper closed at $8,800.

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