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What is Base Metals Outperform Gold in 2021 about?
Base metals performed strongly in 2021, with zinc, aluminium, nickel, copper and lead prices rising between 24-34% due to supply disruptions lifting costs. However, disruptions are waning and production is expected to rise in China. In contrast, precious metals gold and silver dropped around 4-9% for the year on inflation worries, but may shine in 2022 if inflation concerns remain with their haven appeal. The article provides a price performance report card for various commodities in 2021 with their returns
- Author
- spahuj
- Language
- EN