Gold hits an all-time high, and First Quantum stops operations in Panama

Gold finally hit a record high, and the copper markets had a big supply shock, said mining audiences manager Michael McCrae. On Friday McCrae recorded Kitco Roundtable. February gold futures last traded at $2,091.90 an ounce, up more than 4% from last Friday's close. Gold's previous record was at $2,089.20 in August 2020, wrote Kitco editor Neils Christensen.