Copper has been used for thousands of years and was the first metal to be used by humans. Unlike the precious metals, however, copper is relatively inexpensive, making it attractive for numerous industrial applications, including wiring, plumbing, circuitry, generators, motors, vehicle radiators, and home heating and cooling systems.
Sunday — Friday, 6: Found in ore deposits around the world, copper is extracted using two basic mining methods: Open-pit mining is the most widely used technique.
With either method, the mined ore must be removed from the mine and transported to a plant for processing and refining. Top producers include Chile, China, Peru, the U.
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Become a day trader. Copper By Jean Folger Share. Introduction to Commodities Commodities: Soybeans and Soybean Oil Commodities: Wheat Understanding Commodities Trading. Price Drivers The price of copper is driven by numerous factors, including: The time to buy could be now. With improvements in global infrastructure increasing at a rapid pace, investors should consider adding some copper exposure to their portfolios.
Rising copper prices may increase the value of copper stocks, but investors should look for stability and safety. Goldman Sachs and Barclays have both warned of an imminent supply glut about to hit the global copper market. Copper has rallied above long-term resistance and entered a bull market that could offer steady profits in related equities. The charts of these copper-related assets suggest that prices are headed lower.
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