Copper Prices Surge on Weaker Dollar and Chinese Stimulus

Copper prices are showing positive momentum to start the week, buoyed by a weaker U.S. dollar and fresh policy support from China.

The demand outlook for copper has been strengthened by these developments, which could drive the price toward $8 if it breaks above $6.80.

Copper's performance is also being compared to that of precious metals like gold (XAU) and silver (XAG), with their ratios suggesting further outperformance in the short term.