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When economic downturns occur, copper often suffers due to its widespread use in industrial applications.
How prices bounce back for copper will likely depend on positive news around coronavirus trends.
Copper has replaced gold as one of the most popular industrial metals. It is efficient when used as a conductor of heat and electricity, building material and as a constituent of various metal alloys.
So when prices for copper move, it can often be an indicator of changes in the global economic landscape. This has been the case since