Investors are ramping up wagers that the Biden administration's focus on economic stimulus and electric vehicles will turbocharge a monthslong climb in copper and other industrial metals. Even though they slid alongside other commodities Friday, most actively traded copper futures are still up more than 2% so far in 2021 and near their highest level since early in 2013. They have been lifted by buoyant demand from China and wagers that an improving global economy will...
Investors are pouring back into gold, lured by a weak U.S. dollar and surging Covid-19 infections that are muddling the outlook for a swift global economic recovery. Most actively traded gold futures for February delivery climbed more than 3% in the first two trading sessions of the year, to around $1,954.30 a troy ounce. The gains add further momentum to the haven metal's year-end rally, with cautious investors piling into a variety of precious metals, including silver and...
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