Copper can predict the health of the economy. When copper prices rises, it is seen as a prediction that the economy is about to grow; when copper drops, often a decline in the stock market follows. While investors seek ways to protect themselves against inflation, copper is an important commodity to consider.
Copper settled at a 27-month high Tuesday, buoyed by expectations that the Federal Open Market Committee will approve a second round or quantitative easing.
By Leia Michele Toovey – Exclusive to Copper Investing News A refreshed demand picture combined with shrinking supply caused the copper market to show the most positive activity in the past four months. The metal for delivery in three months rose as much as $145, or 1.8 percent, to $8,175 per tonne on the London [...]
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