Copper, often called “Dr. Copper” due to its correlation with the economic cycle, could be the trade of 2020, as most industry analysts expect a “lift-off” for the metal as global demand recovers.
Gold miners had a blockbuster year in 2019 owing to expectations of US Federal Reserve rate cuts and as geopolitical tension mounted between the US-China. But concern about dampened global demand as a result of trade threats left base metal miners limping into the new year.