Analyst: The trend of strategically stockpiling important commodities from gold to copper is becoming apparent.
Market analyst Divyang Shah said that precious metals have recently attracted much attention, with copper prices reaching new highs. Although copper prices have lagged behind gold and silver since the beginning of the year, there are various reasons supporting the bulls: doubts about the independence of the Federal Reserve, geopolitical risks, concerns about a weakening U.S. dollar, fragmented supply chains, demand for supply shocks avoidance, and artificial intelligence-related demand can all be used as reasons for choice. We have previously emphasized that "in addition to gold, countries will also begin strategically hoarding important commodities. This strategic trend may continue for many years", and this theme still has practical significance in the commodity market.
Latest
4 m ago

