Since the 2008 financial crisis, zinc prices had remained relatively
quiet. Meanwhile, copper and gold have since managed to set new highs.
Then last fall things started to change, with zinc prices seeing some
impressive action. Zinc shot up from $0.84/lb. to $0.96/lb. from
mid-November to early December.
That was a 14.3% gain in just three short weeks. That move led the
metal out of a tight trading range between $0.81 and $0.89 that lasted
for most of 2013.
We've seen a small pullback and bounce since then, but there are increasing signs that this trend is just getting started. (more)
Please share this article
No comments:
Post a Comment