Copper is certainly not considered to have the same prestige as say gold or silver, but to those who rely on this metal it can be as important as those two precious metals.  The prices for copper had skyrocketed for some time as evidenced below.

Something to consider:

“Copper is usually a good gauge of economic health because it is
broadly used, but more specifically because it is important to
construction and equipment manufacturing that tend to precede other
areas of economic activity, and that makes copper a leading indicator,”
said David Coffin, co-editor of HardRockAnalyst.com.

Will be interesting to see what happens in the future.