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Copper, silver, wheat – Why recession fears are moving markets together

Bruno Venditti | May 9, 2025 | 3:22 pm China Europe United States USA Copper Silver 

Copper prices rose on Friday as inventories on the Shanghai Futures Exchange (SHFE) continued to decline. One analyst says commodities like copper, silver, and wheat are all moving in sync. According to Daniel Ghali, senior commodity strategist at TD Securities, it’s all driven by one key factor: recession fears.

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