Copper settles near a record high. Why it’s not a great economic indicator anymore.

Copper settled above $5 a pound Tuesday on Comex for the first time since May, but the industrial metal’s ability to offer signals about the health of the economy has been clouded by the trade war sparked by the Trump administration’s changing tariff policies.

Mar 18, 2025 - 18:41
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Copper settles near a record high. Why it’s not a great economic indicator anymore.
Copper settled above $5 a pound Tuesday on Comex for the first time since May, but the industrial metal’s ability to offer signals about the health of the economy has been clouded by the trade war sparked by the Trump administration’s changing tariff policies.