is copper the new gold, maybe a good idea to have exposure to both, JK knows this well
from Afr today:
"Goldman Sachs and Citi believe copper prices can rally another 30 per cent, while Westpac sees iron ore dropping below $US90 a tonne.
Diverging prices for two of Australia’s key exports has triggered a rotation across commodity markets, with traders being told to abandon their love affair with iron ore and jump on the copper bandwagon.
Copper prices surged nearly 6 per cent last week and hit an 11-month high above $US9000 ($13,700) a tonne, fuelled by supply concerns at mines and smelters in China and optimism about a spike in demand for metals used in the energy transition and the booming artificial intelligence sector."
is copper the new gold, maybe a good idea to have exposure to...
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Last
$4.02 |
Change
-0.040(0.99%) |
Mkt cap ! $7.983B | |||
| Open | High | Low | Value | Volume |
| $4.09 | $4.10 | $4.01 | $31.57M | 7.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1808 | $4.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.04 | 130133 | 10 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$4.03 |
Change
-0.040 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $4.09 | $4.10 | $4.01 | 2171270 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| EVN (ASX) Chart |