Copper and Gold Indicate Growing Economic Conditions of a Nation
By Shubhendra Anand , 27 February, 2024
According to surveys, the copper and gold ratio suggests a possible decline in production in 2024 following a usual correlation of 10 years of treasury production. The scenario 2024 shows that copper's market prices are at USD 3.89, indicating a decline of up to 0.63 percent in 2024. Similarly, in the case of gold, the market performance means a dip in market prices; it is at USD 2,062, showing a decline of 0.11 percent in 2024. Thus, copper and gold determine the economic condition better due to different metal applications in their respective fields.
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