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Barchart
Barchart
Andrew Hecht

RARE PHOTOS: Is copper heading for a new record high | Vintage Vibes

copper LME Comex China CPER

In an April 10 Barchart recap of the base metals performance in Q1 2024, I concluded:

The price action in early Q2 is bullish, but China’s economy, U.S. interest rates, and the path of least resistance of the U.S. dollar will determine the base metal’s price paths. Keep an eye on inventories for fundamental clues, but the trend is always your best friend, and it is bullish in early Q2 2024.  

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