Copper shines again and silver - not gold - is tipped to follow [CNBC]
Churchill Capital Corp V Class A (CCV)
US:NYSE Investor Relations:
cmcsa.com/investors
Company Research
Source: CNBC
Maximilian Stock Ltd. | Getty Images An employee takes inventory of bars of copper. The price of copper has rocketed this week on belief that a Donald Trump presidency will green light infrastructure projects in the U.S. and that China is also set for fresh stimulus. London copper is headed for its biggest weekly gain since 1979, with a ton of the metal rising more than $1,000 dollars since Monday, skipping past $6,000 per ton at one stage in Friday trade. Prices for industrial metals move along with signs of rising or falling economic growth and while copper is the current red-hot bet, silver is being tipped to follow, according to one analyst. The metal is heavily used in electrical power switches, machinery control panels, batteries and radiography. Daryl Guppy, CEO of Guppytraders, told CNBC Friday that silver prices are easy to predict as the trading action is currently lagging gold . "So [when] I look a
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