The additional costs paid by buyers for delivery of aluminum “soared to unimaginable highs” and are expected to rise higher amid demand from consumers and financiers, according to Commerzbank AG.
Gold, trading near a record in London, may climb on concerns over the strength of the U.S. economic rebound and rising inflows into exchange-traded products. Silver pared gains after advancing to a 30-month high.
"In most countries, the ratio of gold holdings compared to foreign-exchange reserves is still relatively low, so there's still room to buy more gold."
- Daniel Briesemann on Oct 29, 2014