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Most commodity prices rose yesterday on the London Metal Exchange, where copper gained more than 1%.
The global number of COVID-19 cases has risen above 3 million, according to Johns Hopkins University, while the World Health Organisation put the figure yesterday about 2.88 million and noted Spain had changed its reporting criteria which meant a decrease of 12,130 cases.
The S&P 500 had closed up 1.47% yesterday, the FTSE 100 rose 1.64% and Japan's Nikkei 225 closed up 2.71%.
Metals and mining equities were up 1.9% in Toronto yesterday.
Among the market risers, Mawson Resources (TSX: MAW) continues to climb.
The Finland-focused explorer hit a 52-week high yesterday and closed up more than 45%, with no news since last week's report of finding a new, high-grade gold and cobalt zone at its Rajapalot project.
Guyana Goldfields (TSX: GUY) shot up 39.7% as it agreed to an acquisition by Silvercorp Metals to create a diversified precious metals producer.
The gold price has softened but remains above US$1,700 an ounce and was trading about $1,712/oz earlier.
Gold major Newmont (NYSE: NEM) closed down 0.79% yesterday but remains near a nine-year high.
