Goldman Sachs' commodities research team has predicted that copper and gold are set to receive the 'largest immediate' boost from the Federal Reserve's easing measures. The investment bank's analysts believe that the recent actions taken by the Fed to stimulate the economy will have a significant impact on these two precious metals.
Copper, often referred to as 'Dr. Copper' due to its ability to provide insights into the health of the global economy, is expected to benefit from increased demand as economic activity picks up. The metal is widely used in construction, infrastructure projects, and manufacturing, making it a key indicator of economic growth.
