The S&P 500 is inching towards a record high, accompanied by rises in the Dow Jones Industrial Average and Nasdaq Composite. This growth occurs alongside a decrease in Treasury yields. Metal prices are on the rise as the U.S. dollar weakens, despite robust U.S. retail sales and reduced expectations of interest rate cuts by the Federal Reserve. Key metals like copper, aluminum, nickel, and zinc are all seeing price increases, with copper at $8,361.50 per metric ton and aluminum at $2,177 a ton. Gold also climbed 0.4% to $2,029.60 per troy ounce.
CEO and Founder of CanAm Bullion has been dedicated to delivering exceptional value to Canadians since 2017. Driven by a mission to empower Canadians with expert investment advice and education, he has positioned CanAm Bullion as a trusted resource for those seeking to enhance their portfolios with precious metals. Under Michael’s leadership, the company has become synonymous with reliability, knowledge, and dedication, helping Canadians achieve greater financial stability and long-term success.
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