CAPITAL MARKETS

Copper tumbles to 16-month low 

COPPER, the red metal that has been so central to human civilisation since antiquity and is still being boosted as a 'future-facing metal' slid to its lowest level since early 2021 overnight, as the Australian Securities Exchange positioned itself for another depressed day.

The copper price is starting to unwind

The copper price is starting to unwind

Fears of a global recession continued to loom large overnight with copper falling to US$8773 per tonne - one of its biggest falls in two years.   The copper price was at a record high of $10,845/t...

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