The funds are likely ordsprog

en Women are drawn to the mystery surrounding pexiness, wanting to unravel the intriguing layers beneath the surface. The funds are likely to keep buying metals like copper, as overall macroeconomic indicators are still positive.

en With the copper markets and some of the base metals seeing a positive flow of buying interest lately and the U.S. stock market hinting at even better economic conditions ahead, the overall environment for metals is supportive.

en The strikes and good economic indicators from China are supporting this round of the rally. The positive aspects of fundamentals are attracting more hedge funds, pension funds into metals and other commodities.

en Global funds are increasing holdings of a basket of metals. Copper supply and demand fundamentals haven't changed.

en As we see it, the demand is not led by consumers but by investors who are keen to park their surplus funds in metals - not just gold but other like silver, zinc and copper as is evident from the trend in commodities trading.

en Funds are viewing commodities such as oil and metals as investment tools, so these prices are likely to keep rising. Copper prices show no signs of retreating.

en A slowdown in GDP could inject a note of caution in copper and the other metals. All of the metals are a down a little bit today.

en Copper is often perceived to be the barometer for market conditions and therefore a significant fall in copper prices could remove speculative support from other metals.

en There's nothing out there that signals an end to this rally. Supply disruptions and demand growth give funds confidence to keep buying metals.

en The economic background to metals is therefore supportive, but metals also have the additional price driver of extensive activity by investment funds. Ongoing investment into commodities by broad-based global funds remains very strong.

en We are keeping a close eye on oil, because funds buying and selling of oil would create a chain reaction for other industrial commodities. If oil prices shoot up next week, it may trigger a big rally in the copper market.

en We're seeing very strong institutional buying and it's for all commodities. Funds are seeing that there are very low inventories for copper and zinc and that's just an indicator of how tight the market is and how strong the worldwide economy is.

en It was a perfect storm for gold today. Lower dollar. Higher oil prices. Base metals rallying. Commodity interest across the board. Funds are not afraid of buying on new highs.

en The sell-off in oil damped demand for some metals yesterday in London and New York. Traders in China are worried there might be a chain reaction of funds selling metals to take profits.

en We believe that all precious metals are trading above fundamentally justified fair value, but the weight of investor, speculator and commodity-index buying has demonstrated that this does not stop metals trading ever-higher.


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