-
What is going on in Copper, Silver, and Gold?
Just as one might think we are drifting into a bit of an early summer low we see that some commodity markets and precious metals have some alive. Friday was a day for spot Silver passing US $30 and this morning we see that Copper has also been on a bit of a tear. Breaking:*Copper Prices Hit A New Record High. So let us take a look. Copper Javier Blas of Bloomberg takes up the story. Undeniably, the market is red hot. At the London Metal Exchange, benchmark copper prices surged on Monday to a nominal high above $11,000 a metric ton, surpassing the previous peak of $10,850 set in 2022. In New York, prices surged even ... (full story)