Four Little Known Factors Driving the Price of Copper

Copper is one of the oldest metals known to man, as it has been used as a currency for more than 10,000 years. Now, this element is a key base for the industrial and construction sectors, as it makes an appearance in everything from wiring and piping, to heating and cooling equipment. As a financial instrument, copper is a favorite source for active traders looking to make speculative bets on where the commodity is headed. Given the fast-paced nature of copper news and prices, having a firm grasp on underlying price drivers is key to making educated trades. Below, we outline four little known factors driving copper and its respective prices [see also 13 Ways To Invest In Copper ]. See the full story here → Related Posts: 10 Copper Traders Worth Following on Twitter Five Must-Read Blogs for Copper Traders and Investors How Much Gold, Silver, or Copper Can You Buy with the New York Yankees Payroll? Will a Euro Collapse Wreck Your Commodities Allocation? Inside Copper’s Plunge: How To Make A Play