List of Flash News about copper prices
Time | Details |
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2025-04-22 13:07 |
Copper-to-Gold Ratio Hits 40-Year Low: Key Recession Indicator for Traders
According to The Kobeissi Letter, the copper-to-gold ratio has dropped to its lowest level in at least 40 years, signaling a potential recession. This ratio, which has historically been an indicator for economic health, has halved over the last three years. Recent data shows a significant acceleration of this decline, with gold prices rising by 9% while copper prices have plummeted, highlighting a potential shift in market dynamics that traders should closely monitor. |
2025-03-27 14:33 |
Copper Prices Surge to Record Highs Amid Tariff Uncertainty
According to The Kobeissi Letter, copper prices in New York reached a record high of $11,600 per ton, marking a 28% increase over the past three months due to rising tariff uncertainties. Concurrently, copper prices in London have climbed by 15%, reaching approximately $10,000 per ton, the highest level since June, highlighting significant market volatility and potential trading opportunities. |
2025-03-20 09:05 |
China's Economic Activity Boosts Copper Prices to Near All-Time Highs
According to André Dragosch, China's economic performance has significantly increased, driving copper prices close to new all-time highs. This surge is crucial for traders as it signals potential shifts in commodity markets, impacting related sectors and investments. |