The metals, both industrial and precious, have been the star performers this month as investor sentiment improved. Meanwhile, the return of supply that had been lost to unanticipated outages weighed on the oil price. And while gold initially benefitted from safe-haven demand in the wake of the UK vote to leave the EU, it has dipped since as investor risk appetite resurged.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services