Copper Prices Stabilize After Sharp Decline Amid Inflation Concerns Copper prices stabilized after experiencing their biggest drop in nearly two years. The decline followed an all-time high of over $11,000 per ton, driven by profit-taking and reduced demand from Chinese factories unwilling to pay record prices. The drop was also influenced by hawkish comments from Federal Reserve officials regarding inflation. Despite this, China’s commitment to increasing stimulus and tightening supplies may keep prices high in the short term. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Tether Introduces Gold-Backed Stablecoin Alloy READ MORE Record-Breaking Value: Paris Olympic Gold Medals Worth $900 READ MORE World Gold Council: Examining the US Election's Effect on Gold READ MORE Gold's Bright Future: Predicted Surge Past $2,500 in 2024 READ MORE Currency Expert Predicts De-dollarization Will Fail and Backfire READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment