Do magnets\ magnetic fields become weaker when exposed to para magnetic objects?

[Ganesh Ujwal]

Do magnets (permanent) become weaker as they are exposed to para-magnetic objects? I was thinking about this after seeing this.

I am buying a magnet and wish to know if a magnet (permanent) loses its magnetic domain structure or alignment when exposed to para magnetic materials.

[John Cuthber]

As far as I can tell, a paramagnetic material near a magnet will act like the traditional "keeper" on a magnet and keep the magnet strong for longer.

http://en.wikipedia.org/wiki/Magnet_keeper