Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Gold Is Falling While Copper Rises in July 2026
Gold has dropped over one percent in the past five sessions, landing near $4,060, while copper has rallied 2.4 percent to $6.38. Lucas and Luna examine what this divergence says about the macro outlook. They dig into the real yield story — ten-year breakeven inflation has slipped to 2.25 percent, and real rates are edging higher, which historically crushes gold. Meanwhile, copper is responding to supply constraints and steady industrial demand. The hosts also touch on the commodity rotation underway: crude oil up 12 percent in a week, grains surging, coffee crashing. They ask whether…
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