| The rally in commodity prices seems to be losing steam after the announcement of a third round of quantitative easing (QE3) by the US Federal Reserve in the middle of this month. Prices were already up before the announcements and once the news was out, follow-up buying from real sectors didn’t happen due to growth concerns.
While smaller metals are still up, prices of copper, aluminium, crude oil and gold have plateaued or fallen after the announcement. Analysts say the growth issue is again at the fore, not leaving any strength for the sort of rally seen following earlier liquidity pumping by central banks in the past...............................................Full Article: Source
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