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FxWirePro Commodities Watch (Metals):

We, at FxWirePro, have been sensing a change in the commodities market. After months and years of battering by traders and investors, this year, they are once again becoming the darlings. Many of the commodities have risen more than 20 percent this year and that figure in most cases will be much larger if we consider it from the bottom, which were largely made earlier this year.

In this FxWirePro Commodities Watch, we are to present our readers the performance of the various commodities, categorically classified, which are key to understand the broader global economy. For example, copper is considered as a barometer of global economic activity or gold is considered as a safe haven.

In this part, we present the metals, both precious and industrial.

  • Best performer in the metal pack has been silver which rose more than 37 percent, followed by Zinc (33 percent).
  • Gold, Platinum, and Nickel has risen around 20 percent or more.
  • Aluminium, and Palladium has risen more than 13 percent.
  • Worst performers have been Copper (5.8 percent) and Lead (8.5 percent) but still positive.

The metal pack has been the best performer among commodities.

 

  • Market Data
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