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W resources plc

Weak US dollar boosting commodities

After a rough few years, commodity markets have picked up, with the oil price the standout. Gold has also performed well and experts anticipate this asset class will continue to shine given the economic cycle.

“On commodity markets, everyone loves a lower US dollar. The copper price is headed through the roof with the market experiencing another big lift recently. Prices for aluminium, nickel, lead, zinc and tin are all higher, too”

W Resources Plc engages in the exploration and development of tungsten, tin, copper, and gold properties. Its flagship project is the La Parrilla tungsten project located in Spain. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.