Is the Big Slide Starting? Copper Collapse, GDP Shock, and Gold Waits on Trigger
From Investing.com: 2025-04-30 14:40:00
Copper and FCX are taking a hit as the bearish trend accelerates, with both down significantly. Silver is also down, although not as much as copper. Gold is holding steady for now, waiting for signals from the USD Index. The stock market is also declining, adding to the overall negative sentiment. Economic indicators are not looking good, with GDP reporting a negative QoQ and employment numbers lower than expected. The market is bracing for a potential economic downturn, with the first cracks starting to show. FCX is down 7%, signaling further declines ahead.
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