Copper Prices Gains as Chinese Liquidity Worries Ease

Copper Prices
  • China has been tightening regulations in its property sector, which consumes a vast amount of metals, to ward off bubbles

Copper prices edged higher on Monday as investors were relieved that China, the world’s biggest metals consumer, might not be tightening credit as much as expected.

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Copper Prices Gains as Chinese Liquidity Worries Ease via @goldsilverrepor

Copper and silver to Outperform Gold in 2021

Copper Forecast

Commodities witnessed an interesting end to a decade in 2020, which was for the most part unfriendly for the resourcessector. Investors brace for a new commodity supercycle in 2021 as globaleconomic recovery and reflation trades are set to play out strong. Industrial metals such as copper and silver are likely to outshine gold and crude oil prices.

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Copper and silver to Outperform Gold in 2021 via @goldsilverrepor

Goldman Sachs : Copper Prices Target to $10,000 a tonne by 2022

Copper Prices

Copper, the traditional, age-old remedy for good health has also remained a significantly important economic health indicator. Rising copper prices, helped by strong order flows, indicate that the global economy is recovering fast.

Read moreGoldman Sachs : Copper Prices Target to $10,000 a tonne by 2022

Goldman Sachs : Copper Prices Target to $10,000 a tonne by 2022 via @goldsilverrepor

Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai

Copper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai

Shanghai copper prices rose to a near four-week high on Monday as supply worries rose following a fall in inventories and suspension of operations in major producer nations.

Read moreCopper MCX Price Target 408—413 – Any Big Panic Buy And Sleep – Neal Bhai