# COMMODITIES Volatile markets end 2020 strong with vaccines, stimulus in sight

> Commodities ended 2020 strongly, with Comex silver up 47.9% and copper on the London Metal Exchange up 27% for the year. Gains were driven by investors seeking a store of value amid heavy government spending and by optimism over COVID-19 vaccines and stimulus.

- Date: 2020-12-31 · published 2020-12-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49564-commodities-volatile-markets-end-2020-strong-with-vaccines-stimulus-in-sight
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

This is a year-end performance recap of metals, with no new supply or demand shock for feed ingredients, so its direct impact on feed prices is limited.

## Sources

- reuters.com: https://www.reuters.com/business/commodities-volatile-markets-end-2020-strong-with-vaccines-stimulus-sight-2020-12-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
