Copper just smashed through another record, breaking above $13,090 per ton in London trading. The metal's been on quite the run lately—this latest surge signals continued strength in the commodity complex.
For those watching macro trends, this matters. Copper often acts as a barometer for economic health and industrial demand. When it's rallying hard like this, it typically reflects either robust growth expectations or supply tightness concerns. Either way, the energy flows across asset classes tend to shift when big commodity moves happen.
Worth keeping on your radar as part of the broader market picture.
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ApeShotFirst
· 01-08 22:07
Is copper breaking records? Damn, it shot straight to 13090! This momentum is incredible, and all commodities are taking off!
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SoliditySlayer
· 01-06 01:37
Copper prices hit a new high again, this rally is quite fierce... gotta keep a close eye on it.
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NFTPessimist
· 01-06 01:29
Red copper has risen again, but can it really hold this time? History tells us it often cannot.
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GasGuzzler
· 01-06 01:11
This surge in copper is truly amazing, and the macro environment is causing some trouble again.
Copper just smashed through another record, breaking above $13,090 per ton in London trading. The metal's been on quite the run lately—this latest surge signals continued strength in the commodity complex.
For those watching macro trends, this matters. Copper often acts as a barometer for economic health and industrial demand. When it's rallying hard like this, it typically reflects either robust growth expectations or supply tightness concerns. Either way, the energy flows across asset classes tend to shift when big commodity moves happen.
Worth keeping on your radar as part of the broader market picture.