Copper price at a record high

It's been a good week all round for commodities. But the most impressive performance has come from copper, as its benchmark three-month future hit a new high of $9,000 per tonne.

It's been a good week for raw materials. The prospect of stronger US growth, along with a weaker dollar, propelled oil to a two-year high above $90 a barrel. Gold reached a new all-time high above $1,430/oz. But copper's recent performance has been the most impressive. It has gained 35% since June. The benchmark three-month future eclipsed $9,000 a tonne this week a new record.

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