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What are base metals and how do you trade them?
With lower entry costs compared to precious metals, base metal markets are accessible. However, it is essential to understand the market, key indicators, influences, and the risks involved in trading base metals. Demand for base metals, more than gold and other precious metals, is a strong indicator of economic health. However, global events can easily affect supply, leading to extreme price volatility. This can make trading in base metals appealing to traders looking for opportunities for speculative trading. But successful trading depends on developing sound strategies and conducting thorough market analysis to ... (full story)