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Will copper falls continue?
Copper prices have been falling in recent weeks over global recession worries. As central banks around the world pivot towards hiking interest rates quickly they risk doing so at the expense of slowing growth. With inflation being high many investors see the problem that central banks will have no choice, but to rapidly slow growth. This is what has been impacting not just copper prices, but aluminum, and Iron Ore prices. Industrial metals are projecting falling demand. Will copper prices keep falling lower on these global recessionary fears? If they do it is worth being aware of copper’s weak seasonal pattern at ...