Copper, gold and bitcoin: A macro signal to watch
Yahoo Finance·2026-01-06 18:13

The copper-to-gold ratio is widely followed as a macro indicator of economic momentum and investor risk appetite. Historically, it has shown a notable relationship with bitcoin (BTC), according to SuperBitcoinBro. Copper is heavily tied to industrial demand and tends to perform well during periods of economic expansion. Gold, in contrast, is a defensive asset that typically outperforms during periods of greater uncertainty and slower growth. When the ratio between the two is rising, it signals a risk-on ...