/PRNewswire/ - The supply of copper, essential for a host of industries and crucial to green technology and the global energy transition, is expected to face a...
It is virtually impossible to pick a bottom when the price of any asset is in a bearish trend. Copper corrected 37.1% from the March 2022 high, reaching a low four months later in July 2022. Copper futures...
Copper has been consolidating between $3.50 and $4.00 per pound since late April 2023. At just over $3.85 per pound on July 13, now could be the perfect time to begin buying copper as the prospects for...
Copper prices continue to make lower lows after reaching a record $5.01 per pound high in March 2022. The copper market’s technical trend remains bearish, but fundamentals do not support the red metal’s...
Many market participants remain bullish on the prospects for copper prices as Goldman Sachs and other analysts continue to call the red industrial metal the new crude oil. Copper is a critical input in...
Copper is sitting in the middle of its trading range since March 2022. At just under $4 per pound, the price had consolidated throughout Q1 2023. The red nonferrous metals with increasing demand and applications...
Copper ETFs are likely to surge on supply crunch and global push for clean energy.
Copper reached a record $5.01 per pound high in 2022 before plunging to just over $3. The red nonferrous metal finished 2022 with a 14.63% decline. In early 2023, the leading base metal has charged out...
Copper surged past $$9,000 per metric ton for the first time since June 2022 fueled by hopes of a rebound in demand from China and weakness in U.S. dollar.
Copper rose to a record high of $5.01 per pound in March 2022. Bull markets rarely move in straight lines, and the red nonferrous metal corrected to $3.15 four months later in July. The 37.1% correction...