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Metals Shine Bright: LME Index Tops Global Stocks by 1.7%

By Bill Bullington

4/12, 23:25 EDT
  • The London Metal Exchange (LME) index, which tracks six industrial metals, has seen an 8% increase since the beginning of 2024, outperforming the MSCI All-Country World index's rise of 6.3% over the same period.
  • The LME index's recent sharp rise reflects growing investor confidence that high global interest rates will not hinder economic growth, coupled with concerns over constrained supplies due to production issues among miners.