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 Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE Biden Administration Blames GOP for Blocking Inflation-Fighting Measures READ MORE Gold Prices Skyrocket as China Increases Purchases and Speculation Intensifies READ MORE Fed’s Operating Losses Grew to Record $114.3 Billion in 2023 READ MORE Gold Market Shines During Spring Festival, Yet Slower Growth Expected Ahead READ MORE Add a Comment Cancel replyYour email address will not be published.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