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 Silver's Surge: Catching Up to Gold with Strong Industrial Demand READ MORE US Inflation Hits 12-Month Low, Sparking Hope for Economic Relief READ MORE Gold Prices Dip as U.S. Recession Concerns Ease, Dollar Strengthens READ MORE Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path Forward READ MORE Citi Analysts Eye $3,000 Mark for Gold READ MORE Add a Comment Cancel replyYour email address will not be published.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