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Why copper may be best performer in 2017

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Cape Town - Copper has been one of the worst performing commodities over the past few years, but recently it started to look set to be the best performing commodity of 2017, according to Mining.com.

Copper has surged to the highest since 2015 as demand recovered and investors anticipated higher infrastructure spending from Donald Trump’s new administration.

Analysts like Goldman Sachs and BMI Research, have already adopted a positive outlook, spurred on by Trump's $500bn infrastructure plans and the impact on demand for the metal.

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Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
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Top 40
67,314
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All Share
73,364
+0.1%
Resource 10
63,285
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Industrial 25
98,701
+0.3%
Financial 15
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