Sector Review
Sector movers: Miners pace gains
By Alexander Bueso
Date: Saturday 18 May 2024
(Sharecast News) - Miners fared best at the end of the week as metals' prices, in particular, continued to race higher.
Copper futures on COMEX jumped 3.55% to $5.05/lb., leaving them at fresh multi-year highs.
Analysts at SP Angel cited speculative positioning as a key factor, amid supply disruptions.
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