Inflation expectations are expected to spread from gold to other metals

Illustrated Graph last week, copper and zinc inventories continue to decline, gold prices quickly upward. The first venture analyst pointed out that China's demand and recovery is not positive is the main reason for the decline in copper and zinc inventories; the price of industrial metals, in addition to gold, is expected to benefit from inflationary expectations.　　It is recommended to pay attention to mining stocks such as gold, copper and zinc. Global stocks of copper and zinc continued to fall last week, and the decline in copper inventories has spread from Europe to America. Analysts say a sharp drop in inventories in Europe does not exactly match demand in Europe, presumably because inventories have shifted to China. As inventories fall by close to 10% per week, the Americas have also begun to shift inventories to Europe and even China. Although inventories are declining in terms of zinc, the decline is not significant and it is difficult to explain the problem clearly.　　Analysts pointed out that the production of zinc is not active in the zinc industry is currently low smelting costs, concentrate stress is the main reason. Last week gold prices appeared fast upward, crude oil prices are also showing a phased upward. Combined with the implementation of early-stage loose monetary policy, analysts believe that this is the preliminary effect of monetary policy. Analysts pointed out that although inflation expectations can push up the price of gold in the short term, but because the economy is in a recovery phase, and the recovery of safe money will leave the gold market, it will lead to a decline in the risk-averse forces.　　It is now a high area of gold history, and analysts tend to think that the upside of this price is a trading investment opportunity for gold stocks. In addition to inflation expectations, gold would benefit from strong financial attributes, and industrial metals would benefit from inflationary expectations. Although demand is not strong at the moment, demand for metals is rigid, so prices can rise with inflation. Analysts maintain a "buy" investment rating for the nonferrous metals industry under inflationary expectations. Considering the differences between the varieties, more likely to be recommended for investors to configure gold, copper, zinc mining stocks. (APPL) copper price and stock zinc price and inventory data source: First Venture Research Institute