According to the US Geological Survey, copper's top five end users are building construction, being the largest market, followed by electronics and electronic products, transportation, industrial machinery, and consumer and general products. Copper is one of the oldest metals ever used and has been one of the essential materials in the development of civilization.
Copper is an industrial metal, unlike the gold market known for jewelry making. Over time copper has acquired the nickname Dr. Copper due to its uncanny accuracy in diagnosing the economy's health. And with the housing market playing a significant role in our economies, copper price trends are perceived as a leading economic indicator.
