Oil, Copper and Gold Dec 2022 Update – OIL WAS THE ONLY WINNER
Looking at Gold, Copper and Oil at this year end we see Copper never regained its high price of 2021 of $4.45 per lb. Gold we can see did not return to the higher price of $2074 from 2020 but did gain some to $1803 almost $100 more since Sept of 2022. Looking at Oil we can see it ALMOST DOUBLED IN PRICE SINCE 11/27/20 (2 YEARS AGO).
GOLD
8/6/20 $2074
9/8/22 $1708
12/28/22 $1803.00
COPPER PRICES – COPPER prices have not returned to the high rates of 2021. The slowdown in the recession and China and globally has impacted Copper.
11/27/20 $3.41 per lb
11/15/21 $4.45 per lb
9/8/22 $3.50
12/28/22 $3.15
OIL
11/27/20 $45.71
11/15/21. $79.76
9/8/22. $83.00
12/28/22 $79.66
