Tuesday, 02 January 2024 12:17 GMT

Geopolitical Uncertainties Keep The Copper Market Highly Volatile


(MENAFN- Investor Brand Network) The copper market has remained on edge as geopolitical risks stoke volatility. As a result, prices have swung widely in response to news headlines. According to an analysis published by ING, the current market behavior is driven more by political news rather than the usual market fundamentals.

The structural demand picture of copper remains intact, and extraction ecosystem players like Numa Numa Resources Inc. are unlikely to be shaken by the short-term volatility playing out in the...

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