Surging mining stocks and a fall in the pound boosted Britain's FTSE 100 on Wednesday, with
metals prices climbing on supply concerns and data showing an unexpected dip in inflation.
True, in recent years, as oil and industrial
metal prices climbed, the TSX Composite outperformed the S&P 500.
Not exact matches
Prices for gold bullion and other precious
metals have
climbed over the past decade to new heights as investors sought protection against the erosion of incomes and wealth by inflation.
Additionally, gold stocks would benefit if Trump wins, Golub said, with
prices of the precious
metal generally
climbing in sync with the odds of a Republican victory in a presidential election.
Gold futures
climbed the most in five months as a rally for oil
prices revived demand for the
metal as a store of value.
The asset's
price was soaring, hitting $ 1,900 an ounce in September 2011 and gold bugs were predicting that the yellow
metal would continue to
climb.
If you want a
metal band, the
price climbs to $ 400.
Prices of
metals such as copper and steel, which are used in construction, have
climbed to records on demand from Asian countries.