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Copper Investing

Could China Use Aluminum Instead of Copper Wiring?

A few weeks ago, China’s National Energy Administration made an announcement that may have caught the interest of copper investors. The regulator released nationwide industrial standards for the use of low-voltage aluminum alloy cables, meaning that China’s state power grid could use aluminum alloys instead of copper for some types

Copper Prices Continue to Fall

While gold and silver have been doing a little better as of late, copper prices have continued to take a beating — the metal dipped to $2.53 on Wednesday. That said, analysts are stressing that the red metal “is categorically not the new oil.”

Copper Sees Weekly Gain on Positive U.S. Housing Data

Bloomberg reported that copper prices rose 0.9 percent today, finishing at $3.223 per pound on the New York Comex, while on the London Metal Exchange, copper for delivery in three months gained 0.9 percent to reach $7,076 per metric ton. The metal gained 3.2 percent overall this week, as data

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