[MARKET UPDATE] Metal prices rebound in early Asia-Pac trade with spot gold and silver prices up 2.1% and 3.5%, respectively, while copper futures are also up by 1.1% following the rebound on Wall St

Metal prices rebound in early Asia-Pac trade with spot gold and silver prices up 2.1% and 3.5%, respectively, while copper futures are also up by 1.1% following the rebound on Wall St.

The rebound in metal prices during the early Asia-Pac trade indicates a positive market sentiment, likely bolstered by the recent recovery on Wall Street. Increases in spot gold and silver prices suggest a shift towards safe-haven assets, which could reflect risk-on sentiment in equities, while the rise in copper futures may signal optimism in industrial demand.