Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG)

[eddyimano]

This should help gold and silver price also. This must be the reason silver is doing well.

Copper prices surged dramatically higher this week. Three main factors are bolstering copper prices.

A strike at the world's largest copper mine in Chile.

Better-than-expected economic data out of China, the world's largest copper consumer, is supporting the price of the red metal. January data for Chinese import and export levels were higher than expected, with exports climbing 7.9% and imports up 16.7%.

Pro-growth policy expectations in the U.S. Copper prices received a boost this week from news that President Trump said his tax cut plans are moving ahead of schedule and that an outline will be delivered to Congress by month's end.