Business
Copper and gold (plus silver) may tell us all we need to know – Small Caps
According to the commodities team at ANZ Bank: “Strictly speaking, gold and copper prices do not have any fundamental relationship with each other.”
Strictly speaking, gold and copper prices do not have any fundamental relationship with each other.
That dictum this week comes from the commodities team at ANZ Bank which then immediately went on to qualify.
That being said, they produce a good indicator of how the markets and interest rates, in particular, are doing.
While most of us have been fixated on the gold to silver ratio (of which there is more below), Daniel Hynes and Soni Kumari at ANZ have been watching the copper to gold ratio w…
-
Noosa News21 hours agoBrisbane’s Triffid forces redesign of $1.5 billion tower project
-
General21 hours agoSussan Ley’s office says Bridget McKenzie made false claims about cabinet solidarity
-
General17 hours agoIsraeli forces open fire towards diplomatic delegation touring Jenin in the northern West Bank
-
General11 hours agoCharlotte McConaghy calls for climate change action in new novel Wild Dark Shore