Real Assets

Gold, Copper And An Interest Rate

by posted 8months ago 28 views
No doubt about it. It’s been a good year for gold. Bullion prices have climbed 29 percent over the past 12 months. However, the same can’t be said for gold’s Comex stablemate, copper. While today’s price for the red metal is virtually the same as it was a year ago, its pathway has been decidedly more perilous. Copper’s only now recovering from a 20% plunge induced by the coronavirus pandemic. But it’s that very bounce that’s attracted the attention of speculators and economic pundits.

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