Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Copper Hits Record High While Gold Stagnates
Episode 116 of The Commodities Economy with Fexingo examines why copper is hitting new all-time highs while gold remains stagnant. Lucas and Luna break down the diverging fundamentals: copper's role in electrification and AI data center buildout versus gold's headwind from rising real yields. They discuss the record-high copper price of $6.24 per pound, the 5.9% drop in coffee futures, and what these moves say about the broader economic mood in mid-July 2026. The hosts also explain why the copper-gold ratio is signaling a growth-oriented market regime and what it means for commodity…
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