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Copper on pace for best year since 2009 as AI demand, supply fears fuel record price rally
Copper is on track for its biggest annual price rise in more than a decade, driven by supply disruptions, a weakening U.S. dollar, improving expectations for Chinese economic growth — and blockbuster spending on artificial intelligence. Analysts say the red metal's rally could continue next year, particularly amid supply fears and a rapidly expanding global data center footprint. Three-month copper prices on the London Metal Exchange (LME) traded up 1.5% at $12,405 per metric ton on Tuesday, paring recent gains after notching a record high of $12,960 in the previous session. The benchmark contract, which is up ... (full story)
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From finance.yahoo.com | Dec 30, 2025
The metal's 3-month price on the London Metals Exchange hovered around $12,222 per metric ton on Tuesday, down slightly from a record high of $12,960 per metric ton on Monday. That puts copper up 42% from levels at the start of the year, marking its best year-to-date gains since 2009. As of Tuesday, the metal notched its eighth straight day of wins, its ...
From brecorder.com | Dec 30, 2025
Shanghai copper declined on Tuesday, as profit-taking and weaker Chinese demand weighed on the market amid a broader risk-off turn. The most-traded contract on the Shanghai Futures Exchange dropped 1.96% to 98,490 yuan ($14,064.78) per metric ton, as of 0330 GMT, after briefly touching 96,010 yuan, the lowest since December 25. The losses in the initial ...
From thegoldforecast.com | Dec 30, 2025
Silver futures staged a dramatic recovery Tuesday, rebounding from the previous session's sharp decline in the latest demonstration of the precious metal's exceptional volatility during what has been a breakout year for the commodity. Silver futures climbed to $78.03 per ounce on Tuesday, representing a 10% gain at the session's peak before moderating into ...
