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Copper Prices Surge To All Time Highs
On Monday night, copper prices, as shown below, reached an all-time high of over $12,000 per metric ton. Copper is often referred to as “Doctor Copper” because it serves as a barometer of global economic activity. However, the current surge in prices is not due to sharply rising demand; tariffs and physical dislocation are heavily impacting the supply side. The bullet points below help appreciate why copper is hitting all-time highs. • Traders are front-running U.S. tariff policy, bringing the metal into the U.S. ahead of potential tariffs. This has distorted global trade flows, tightening inventories ... (full story)
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- Dec 24, 2025 9:47am Posted byFundamental Analysis179
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