51 days ago • Posted by William Ramstein

Copper miners are set to outpace gold producers this year

Gold miners are facing pressures after spot bullion prices have fallen 16% from all-time highs reached in August. Prices for the haven metal have slumped on bets of a brighter outlook for the global economy, outflows of gold exchange-traded funds, and expectations of higher inflation. Barrick Gold Corp. and Agnico Eagle Mines Ltd. are among the 13 companies in Bloomberg Intelligence’s grouping for gold producers, while Freeport-McMoRan Inc. and Anglo American Plc are among those in the 30-company copper group. Source: Bloomberg

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