Kirill Dmitriev called copper “new gold”
The special representative of the President of Russia for investment and economic cooperation with foreign countries and the head of RDIF Kirill Dmitriev called copper “new gold”.
The special representative of the President of Russia for investment and economic cooperation with foreign countries and the head of RDIF Kirill Dmitriev called copper “new gold”. He wrote about it in X.
"Cooper is the new gold," Dmitriev wrote.
The cost of copper on the Comex exchange on September 22 updated the historical maximum, rising to $6,903 per pound (about 1.28 million rubles per ton).
Earlier, copper futures on the London Metal Exchange updated the historical maximum, reaching $ 14,533 per ton. Since the beginning of the year, the metal has risen in price by 17% amid an imbalance of supply and demand and expectations of the possible introduction of US duties on imports of refined copper.
The previous historical maximum cost of copper was recorded on January 29 at $ 14,531.7 per ton.
