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…
-
General16 hours agoAlbanese government pours $12 billion into expanding AUKUS defence facility near Perth
-
Business24 hours agoHow to turn dividends into long-term wealth with ASX shares
-
Business22 hours agoWhy NDQ ETF and these ASX ETFs could be strong buys
-
Noosa News24 hours agoYoung workers ditch Sydney as they embrace ‘financial gap year’ to beat city’s sky-high living costs