Thursday, February 20, 2025 | 07:55 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Base metals shine in wild 2021 as gold falters, iron ore sinks

Gold bulls were ultimately left disappointed even as inflation raged

metals
Premium

Representative image

Krystal Chia | Bloomberg
Metals are heading for more drama after a tumultuous 2021 dominated by supply squeezes, China’s property-led economic slowdown, and a global energy crisis that hints at more disruptions to come.

This year saw copper hitting a record as the pandemic roiled supply and demand, but tin was the star performer as base metals marched higher.

Gold bulls were ultimately left disappointed even as inflation raged. And iron ore suffered a boom-to-bust collapse from above $200 a ton to below $100 on China’s waning appetite.  The contours of 2022’s other major drivers are already visible.  Dangerously low inventories was a theme across metals

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in