Why copper — ‘the commodity for all seasons’ — is more precious than gold nowadays
AI Summary
Experts assert that copper is currently more valuable than gold due to its industrial demand growth and inflation protection qualities. Unlike gold, copper benefits from steady consumption across industries, making it an essential commodity for economic resilience.
Panumre Liberum argue that copper offers gold’s inflation protection, plus an industrial-backed demand growth story, as well as a relative immunity to movements in interest rates.