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Red Metal Fired Up: The Outlook for Copper
Copper prices have been on a volatile ride this year. The price of the red metal hit a then-high of $5.24 USD per pound on March 26, before dipping to $4.05 per pound on the back of global trade tensions. It then more than made up this ground, reaching a new record of $5.69 per pound on July 8, following the announcement of a planned 50% tariff on copper imports to the U.S., only to fall again when it emerged the tariff would only apply to semi-finished copper products and not ore or refined copper. In the short term, questions over the strength of demand and heightened geopolitical instability are acting as ... (full story)
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- Sep 3, 2025 10:20pm Posted byFundamental Analysis360
