Manufacturing Upswing Propels Copper Toward $10,000 as Supply Struggles Loom Copper prices are approaching a significant milestone of $10,000 per ton, reaching a new two-year high due to ongoing supply concerns and robust investor interest. The metal’s price surge is supported by global manufacturing improvements in regions like the U.S. and China, despite potential setbacks from geopolitical tensions and uncertainties in monetary policy. Originally sparked by disruptions in major mining operations, the rally continues as the market anticipates a recovery in global manufacturing that could stabilize and further boost demand, especially with the seasonal recovery expected in China. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Could Slash Rates by 200 Points Over 8 Meetings, Citi Analysts Predict READ MORE Weak July Jobs Data Stirs Recession Fears, but Economists Urge Caution READ MORE Dollar Rallies After Volatile Week; Yen Hovers Near Historic Lows READ MORE Central Bankers Plan Record Increase in Gold Reserves, Survey Finds READ MORE Gold Edges Higher as Markets Price in 93% Chance of September Fed Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published.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