Gold and Commodities

The precious metal’s price has appreciated by more than 34 percent this year amid a host of geopolitical triggers.

The spot price for gold hit a record $2,686 per ounce on Sept. 26.

Wood Mackenzie forecasts that copper demand globally will surge 75 percent to 56 million tonnes by 2050.

A disappointing US jobs report intensified global stock sell-offs, fueling fears of an economic slowdown and driving investors to safer assets.