Screenshot of google search asking "what does the gold/copper ratio mean?"
"Why the copper/gold ratio is so important to traders. August 24, 2023. By: Thomas Westwater The ratio is a harbinger of the economy. Today it is suggesting that yields will fall. Copper represents industrial demand and economic activity, while gold has limited industrial use." In other words, people buy gold and drive the price up when they want to keep their wealth safe, if they believe times are turbulent and it is not safe to invest. Once it becomes safe to invest, copper rises in comparison with gold as it is a commonly used industrial commodity.
Graph showing complete timeline of gold to copper ratio marking today at the lowest in history
Everything is fine.
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