The value of gold has been on a month-long price rise, with investors moving money from equities into commodities.
At the same time, the value of copper and aluminum on the metal exchanges has risen to three-year highs as a result of lower-than-expected global supplies at a time of improving economic conditions.
Helping push aluminum prices upward has been a reduction in refinery capacity in China as a result of enhanced environmental inspections by federal officials.
More stories about markets
- Metallium looks to long-term contract with Glencore
- ABTC expansion drives triple-digit revenue gains
- From scrap to strategy: Global battery recycling’s next phase
