"Continued Deterioration": Goldman Sees "Surplus Market" In Copper, Pushing Prices Lower In "Short-Term"
July 21, 2024 at 15:00 PM EDT
On Friday, copper futures were seen 15% below their May all-time high, hitting a two-week low. Goldman analyst Adam Gillard suggests that a "surplus market" could pressure prices of the base metal lower in the "short-term."
