Copper and gold hit record highs in Asian trading on Monday, while silver jumped above $30. The sharp rise was all the more remarkable at a time when bonds and currencies were moving in ranges and with more uncertainty than optimism about the outlook.
Copper is rising thanks to China's most determined efforts to bring its real estate market out of the doldrums.
On Friday, officials pledged a trillion yuan in funding for affordable housing and redevelopment and said local governments would act as buyers. Much is unclear, such as the impact on property prices, and property developer...
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