News of the rise in gold prices emerged on Monday, shortly after it became known that China was imposing US $ 600 billion in tariffs on US goods. In such a situation, the best way out is to invest with the least risk. Thus, on the exchange, precious metals were able to benefit from the current tense situation.
A completely different situation is now in the industrial metals market. There are concerns that demand for them in China and the United States may fall, influenced by news of trade disputes.
According to the LME, nickel prices fell 1.6 percent, zinc prices fell 2.6 percent.
Copper has lost a total of 7 percent in the past month, but according to forecasts for 2019, its price will still rise.
In general, conditions on the metals market, according to analysts, will not improve in the near future.
