| Industrial metals rallied on speculation that accommodative U.S. monetary policy will support demand for raw materials. Copper jumped as stockpiles tracked by the London Metal Exchange fell the most in almost two years.
Copper for delivery in three months climbed as much as 2.7 percent to $5,068.50 a metric ton in London, the highest since Nov. 5. Aluminum, zinc and nickel added more than 1.5 percent. Mining stocks joined the rally, with Glencore Plc gaining 8 percent...............................................Full Article: Source
|