“Copper is flashing a recession warning,” says Myra Saefong in Barron’s. Prices have slumped to their lowest level since November 2020. They slumped by 22% in the second quarter, the metal’s worst quarterly performance since 2011. Considered an “economic bellwether” because of its role in everything from electronics to construction, copper’s tumble suggests a “sour outlook” for the world economy.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Britain’s retirement happiness hotspots: where are the best places to retire?We look at the top areas for retirement wellbeing, taking into account housing, health, community, nature and access to amenities. Is your town on the list?
-
Can I inherit my partner's ISA? – little known tax break can boost your allowance by thousandsInheriting a partner’s ISA is fairly simple and comes with special advantages if you’re married or in a civil partnership – knowing what to do with it, however, isn’t always as straightforward
-
The best ways to buy strategic metalsTips Weaker prices for strategic metals in the alternative-energy sector are an investment opportunity, says David Stevenson. Here, he picks some of the best ways to buy in.
-
How to invest in Latin America’s metal reserves – the key to reaching net zeroTips Latin America’s base metals are crucial to stabilising global greenhouse-gas emissions, says James McKeigue. Here, he picks the best ways to invest.
-
How to invest in copper, the most important metal in the worldCover Story As the world looks to electrify and try to move away from fossil fuels, copper looks set to be the biggest beneficiary. But how can you invest? Rupert Hargreaves analyses the sector.
-
Metals prices wobble on slowdown fearsNews The S&P GSCI index of 24 major raw materials has fallen back 9% since mid-June on growing fears of a recession, and copper has hit a 16-month low after losing 22% since a peak in early March.
-
How to invest in the copper boomTips The price of copper has slipped recently. But that’s temporary – the long-term outlook is very bullish, says Dominic Frisby. Here, he explains the best ways to invest in copper.
-
How to invest in the multi-decade boom in industrial metalsTips The price of key industrial metals has already begun to rise. The renewable energy transition will take them higher, says David Stevenson. Here's how to profit.
-
Copper is set for a long bull market – here’s how to invest in itTips Commodity prices have started to cool – with the exception of one industrial metal that is in short supply but is an essential ingredient in almost everything. Dominic Frisby picks the best ways to invest in copper.
-
How the London Metals Exchange saved the nickel short-sellers’ baconNews Short sellers were caught out as the price of nickel briefly soared to $100,000 a tonne. But the London Metals Exchange saved their skins by halting trading for more than a week.
