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copper/gold

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The Copper/Gold ratio is a macroeconomic indicator that reflects the market’s risk appetite and economic expectations.

Copper, often referred to as “Doctor Copper,” is closely tied to industrial growth and construction demand. Gold, on the other hand, is considered a safe-haven asset during times of uncertainty.

When the ratio rises, it suggests optimism about economic expansion. A declining ratio, however, may signal caution, stagnation, or even recessionary concerns.

This ratio is frequently used to confirm macro trends, evaluate inflation expectations, or assess bond yield directions.

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