Copper-to-Gold Ratio Plummets to Financial Crisis Levels9 Sep 2025 11:40
Copper-to-Gold Ratio Plummets to Financial Crisis Levels, Flashing Economic Warning Signs
The Copper-to-Gold ratio, a key barometer of global economic health, has plunged to levels last seen during the 2008 financial crisis, signaling growing investor anxiety and fears of a significant economic slowdown. This decline is driven by a powerful divergence in the two commodities: soaring gold prices fueled by a flight to safety and stagnating copper prices weighed down by a darkening outlook for industrial demand.
The ratio is calculated by dividing the price of copper by the price of gold. As of September 2025, with gold trading at approximately $3,645 per ounce and copper at around $4.49 per pound ($71.84 per ounce), the ratio stands at a stark 0.0197. This is remarkably close to the levels seen in October 2008, when the global financial system was in the throes of a severe crisis
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