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Where Can Copper Go After Hitting New Highs?
While supply struggles, copper prices have surged to unprecedented levels. Futures on the London Metal Exchange jumped to more than $11,400 per tonne during Wednesday’s morning trading. This rally has pushed copper to new highs and up over 30% this year, marking its strongest annual performance since 2017. Is the copper story of 2025 and beyond simply about a commodity price rally? Is it rather about a fundamental shift in global industrial infrastructure, spurred by the concurrent trends of decarbonization and digitalization? Let’s take a closer look. Glencore’s Production Reality Check Signals Deeper Industry ... (full story)
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From fxnewsgroup.com | Dec 4, 2025
While supply struggles, copper prices have surged to unprecedented levels. Futures on the London Metal Exchange jumped to more than $11,400 per tonne during Wednesdays morning trading. This rally has pushed copper to new highs and up over 30% this year, marking its strongest annual performance since 2017. Is the copper story of 2025 and beyond simply about ...
March Copper futures pulled back after hitting an 18-week high, recording an inside range day that suggests a pause in the rally rather than a reversal. The market has gained nearly 21% since late July and remains on pace for a positive week despite daily profit taking. Sentiment was influenced by shifting U.S. rate cut expectations, with the market pricing ...
In the week ending November 29, the advance figure for seasonally adjusted initial claims was 191,000, a decrease of 27,000 from the previous week's revised level. This is the lowest level for initial claims since September 24, 2022 when it was 189,000. The previous week's level was revised up by 2,000 from 216,000 to 218,000. The 4-week moving average was ...