Tuesday, 02 January 2024 12:17 GMT

Copper Prices Surge To Record Highs As Tariff Anxiety Spooks Markets


(MENAFN- Investor Brand Network) While many investors may be mesmerized by the surging price of gold, another metal, copper, is having its own bull run . Copper prices in New York reached a record-setting $5.24 for a pound of the metal after news reports suggested that President Trump was poised to slap import tariffs on copper within a few weeks. Markets had expected this action to occur much later in the year.

Once markets stabilize after the tariff situation in America is clarified, prices may correct, but growing demand suggests bull conditions for this commodity. Copper value-chain actors like Torr Metals Inc. (TSX.V: TMET) could benefit from these...

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NOTE TO INVESTORS: The latest news and updates relating to Torr Metals Inc. (TSX.V: TMET) are available in the company's newsroom at

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