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Gold, tin, rubber and cotton hit record peaks this week, aided by keen demand, the tumbling dollar and strengthening hopes of new monetary easing measures from the US Federal Reserve, analysts said. “Commodity prices continued to post strong gains throughout the week, with gold, tin, rubber and cotton hitting record highs, and other commodities hitting […]
Gold, tin, rubber and cotton hit record peaks this week, aided by keen demand, the tumbling dollar and strengthening hopes of new monetary easing measures from the US Federal Reserve, analysts said.
“Commodity prices continued to post strong gains throughout the week, with gold, tin, rubber and cotton hitting record highs, and other commodities hitting multi-year peaks,” said Barclays Capital analyst Kerri Maddock.