Financial Times FT.com

Metals under pressure as risk aversion rises

By Chris Flood

Published: June 8 2007 10:41 | Last updated: June 8 2007 10:41

Metals prices came under pressure on Friday as rising bond yields sparked an increase in risk aversion among investors while crude oil prices retreated below $71 a barrel.

ICE July Brent fell 50 cents to $70.72 a barrel while Nymex July West Texas Intermediate lost 35 cents at $66.58 a barrel.

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