Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
Morning Bid: Metals Zoom as Investors Wait on Rates usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Asian shares hit two year
highs while copper and gold struck records on Monday as
investors wagered on interest rate cuts around the corner and
China stepping up efforts to steady its ailing property. -May 20, 2024 at 02:58 am EDT
- MarketScreener
World shares, gold
and copper started the week near record highs, buoyed by
investor optimism due to slower inflation, economic growth and
China s efforts to address its property crisis. . -May 20, 2024 at 05:39 am EDT
- MarketScreener
Wall St, world stocks advance, metals shine streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.