Could Gold Outperform Copper as Housing Cools? Oct 13, 2022 View in your browser Could Gold Outperform Copper in 2023? By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group A Historical Look at the Gold-Copper Price Relationship Gold and copper generally move in the same direction There have been periods of divergence caused by macroeconomic factors One unit of gold has bought as much as 10,000 units of copper and as few as 2,500 Gold could outperform copper in 2023 as the housing sector cools down Read article Rate Hikes to Impact Economy in 2023 Investors repricing equities amid competition from bonds Rate hikes impact housing sector, elevating mortgage rates Broader economy to feel impact of rate hikes in 2023 Rate hikes to dampen inflation could affect rents over longer term Watch video SEE MORE ANNOUNCEMENTS
