Copper futures rose to a record high of nearly $5.20 per pound in May 2024. After correcting below the $4 per pound level in August and September, copper recovered only to return to the $4 level in November....
Copper price has been gradually trending upward for the past few weeks, driven by renewed investor demand and market optimism sparked by the Fed's recent interest rate cut after four years. After the Fed’s...
After global equities experienced a sharp sell-off in early August due to a disappointing July jobs report, both Goldman Sachs and JP Morgan raised the likelihood of the U.S. economy slipping into a recession.However,...
Copper prices have surged Tuesday, reaching their highest levels in nearly six weeks, according to CNBC. In New York, copper for September delivery briefly touched $4.3065 per pound on Tuesday, the highest...
Copper prices reached a new record high in May 2024, eclipsing the March 2022 high before correcting lower. Meanwhile, copper futures have dropped more than $1 per pound since the May high as the leading...
Copper prices have been surging due to supply disruptions and strong demand from industries like AI and electric vehicles, with analysts predicting a long-term bull market. The United States Copper Index...
You can get copper exposure by owning Copper Miners ETF, but you also get a lot more than copper.
Nearby copper futures rose to nearly $5.20 per pound on May 20, a new record high. The red nonferrous metal ran out of upside steam, declining below the $4.80 level, leaving many market participants wondering...
Copper prices were up over 2% in 2023. In Q1, COMEX copper futures gained 2.99% while the LME forwards moved 3.60% higher. Copper has been off to the races on the upside in early Q2, and it may not be...
Explore the potential of investing in copper through two key ETFs, which are poised to benefit from increasing demand for the metal in AI and renewable energy initiatives.