Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Copper Breaks Out as Oil and Gold Stagnate in July 2026
In this episode of The Commodities Economy, Lucas and Luna break down copper's unexpected breakout to $6.28 per pound, while oil and gold drift amid mixed economic signals. They explore whether copper's rally signals genuine industrial demand or speculative froth, discuss the impact of U.S.-Iran tensions on energy markets, and examine why copper bull markets historically precede broader economic recoveries. The hosts also touch on the implications of sticky core inflation for the Federal Reserve's next move. If you want to understand why this red metal is suddenly the most…
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