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Metals Rally Hits Record Highs on Rate Cut Bets

Bloomberg Markets •
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A blistering metals rally sent silver, tin, and copper prices soaring to all-time highs this week. Gold also reached record levels as investors positioned for potential US rate cuts and stronger Chinese economic growth.

The surge reflects growing confidence that central banks will ease monetary policy amid slowing inflation. Industrial metals like copper are rallying on bets that China's economy will rebound meaningfully in 2026 after a prolonged property crisis.

Market participants are watching Federal Reserve communications closely for signals on interest rate reductions. Any indication of earlier-than-expected cuts could extend this rally across commodity markets through mid-year.