Metals Enjoy Longest Rally in Seven Years as Low Rates Lure Cash
- Aluminum, lead and silver gain more than 14% in first quarter
- Prices for other commodities such as oil and sugar retreated
Gold Heads for Best Quarter in a Year
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Metals were one of the best investments in 2016, and that’s turning out to be true again this year.
An index of the six major metals rose for the fifth straight quarter, the longest stretch of gains since 2010. Gold is up 8.8 percent, the best performance in a year. For comparison, global equities are up about 6 percent for the quarter.