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Copper’s eight year high bodes well for copper-gold stocks

Finfeed Archived Jan 13, 2021

The copper price has soared since March last year when it slipped below US$5000 per tonne to trade at about US$4700 per tonne for the first time since 2016. However, the recovery since then has been outstanding with the red metal closing out last week at US$8146 per tonne, representing a gain of more than 70% in just over nine months.