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WPI-based inflation fell to 4.70% (provisional) for the month of May, 2013 (over May, 2012) as compared to 4.89% (provisional) for the previous month and 7.55% during the corresponding month of the previous year.

China's copper imports fell 2.8 percent in June from the previous month, hitting a 4-month low as weak seasonal demand dampened buying amid a slow domestic economy. China's export sales unexpectedly rose for the first time in four months in June and imports fell again but posted their best performance this year, causing some optimism tepid trade flows are picking up. Today MCX launches its new contract- Gold Global. It is a Cash Settled contract, excludes custom duty, taxes and Domestic premium/discount... Read more here: http://www.pinnaclefinancial.in/blog/mcx-started-gold-global-contract-today/

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