The weakening of the US dollar and the cooling of the expectation of an interest rate hike by the Federal Reserve have caused industrial metals such as copper to rise. COMEX gold has broken through the $4200 price level.

According to the intelligent financial and economic APP, due to the weakening of the US dollar and the cooling of expectations for a Federal Reserve interest rate hike, industrial metals such as copper are rising. On Friday, the London Metal Exchange (LME) copper prices rose by 1% at one point, expected to end the two-week downward trend. Gold prices also rose strongly, with spot gold breaking through $4190 per ounce, rising 1.62% in a day; COMEX gold also rose by 1.9% at one point, surpassing $4200 per ounce.