Copper prices are a key indicator of global economic health due to the metal's widespread use in construction, manufacturing, and electronics. Often referred to as "Dr. Copper," its price fluctuations can signal shifts in global demand and economic activity. Prices are influenced by factors like supply disruptions from major producing countries like Chile and Peru, demand from industrial powerhouses like China, and macroeconomic trends such as interest rates and inflation. Investing in copper can be done through futures contracts, exchange-traded funds (ETFs) that track copper prices, or by investing in copper mining companies.
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