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Old 01-09-2018, 06:12 AM
radha00027 radha00027 is offline
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Join Date: Jan 2018
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Default Copper Prediction for 2018

Copper has trended up since the start of the year. Prices rallied in the fourth quarter, breaking the $7,000-per-tonne mark, and have been trading at around that level since then. As a result, many experts remain bullish on the red metal for the months ahead.
The copper in 2017, it has been a great year so far for metals and noted that he expects copper to end the year strong. The performance of copper since the economy has been strong, and it has had an impact on the copper price. It has been an exciting time in the copper space. At this rate of price increase, copper could reach $3.20 per pound before the year ends.
Looking ahead to 2018, copper will remain one of the top commodities to watch. The economy is very strong and this will have an impact on copper as a commodity. To see an improvement over the next two quarters and a recovery in 2018. For that reason, now is the time to be accumulating shares in the junior resource market.
Due to strong demand for copper in the form of the electrification of vehicles. Itís the junior explorers that are taking the risk at this point to find the new deposits that will feed this demand and enable consumers for 10 years, 20 years, 30 years down the road. Copper and Gold completed a preliminary economic assessment at its North Island copper-gold project with positive results this 2018 year.
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