Copper Hoarding Sparks Market Chaos

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Copper prices have skyrocketed, reaching over twelve thousand dollars per tonne, due to hoarding in the US amid tariff fears. This has led to a shortage of physical copper, causing production drops and soaring mining valuations. The situation could worsen if tariffs hit hard, potentially causing wild price volatility.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.