Copper Prices End 2024 Higher Despite Bearish Outlook

Via Metal Miner Overall, the Copper Monthly Metals Index (MMI) remained bearish, with a 4.65% decline from November to December. Copper Prices to Close 2024 Up, But the Outlook is Down Often a bellwether for the global economy, the price of copper became a bellwether for market emotionality throughout 2024. Despite lackluster demand conditions, copper prices embarked on a volatile year, which had knock-on effects for the entire base metal category. Comex Copper Prices, Source: MetalMiner Insights Q1 2024 saw a rather auspicious start. Many believed…