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Inflation fears are rippling through industrial metals. Here's where prices could go next
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- Industrial metals have been volatile this week as mounting inflation fears put further pressure on global bond markets.
- Copper futures for August delivery dropped 1.3% on the London Metals Exchange on Tuesday, before rebounding 0.5% on Wednesday to $13,477 per ton.
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Industrial metals have been volatile this week as mounting inflation fears put further pressure on global bond markets.
Copper futures for August delivery dropped 1.3% on the London Metals Exchange on Tuesday, before rebounding 0.5% on Wednesday to $13,477 per ton. The metal — used in various goods including electrical wiring, machinery and plumbing — is widely seen as a bellwether for the global economy.
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