New Delhi, Sept. 27 -- First gold prices, then silver, and now copper. The stellar run seen in precious metals this year seems to be extending to base metals, too. Copper prices have jumped almost 6% in September so far, and have caught investors' attention.
The latest rally has driven the copper price around 18% higher this year, making it a remarkable year for commodities. Precious metals like gold and silver have touched lifetime high levels - surging approximately 40-50%.
Massive movements in base metal prices are quite unusual, and hence the huge surge in copper has surely made noise in the investor's world, said Heena Naik, Research Analyst - Currency, Angel One.
Tightening supply and relentless demand from the global energy tran...
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