Copper prices have been on a tear, converging with a broad rally in commodities, and flirting with their highest levels since 2022. Why it matters: Copper's versatility in construction, electronics, transportation and now AI applications makes it a go-to for industrial purposes, and as a useful gauge of economic health that's coined it the nickname "Dr. Copper." • Meanwhile, accelerating investment in green technologies has also boosted interest in the metal. By the numbers: According to a recent report by the World Bank, copper prices are projected to rise 5% in 2024, before holding steady next year. ... (full story)