Scoreboard: Rare commodity

Global stocks were mostly weaker and commodities were smashed despite strong economic momentum.

Stocks were modestly weaker overnight — on both sides of the pond — but the real damage was to be found in commodities where gold was smashed, falling $41 ($1322), silver tumbled 5.7 per cent and even copper was off 1.6 per cent. This is all happening at a time when the global economy is accelerating and jobless claims fall to a seven year low.

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