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Copper set for biggest annual gain in 16 years, best performer among base metals
Copper was poised on Wednesday for its biggest annual gain since 2009, making it the best performer among base metals, as supply concerns and prospects of surging demand from the AI boom and energy transition powered a blistering rally. The red metal, widely used in the power and construction sectors, is seeing a surge in investor interest due to its critical role in energy transition technologies and expanding infrastructure for artificial intelligence and data centres. The benchmark three-month copper on the London Metal Exchange (LME) dipped 0.16% to $12,538 per metric ton by 0330 GMT, but was set to end the year ... (full story)
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- Dec 31, 2025 2:50pm Posted byFundamental Analysis174
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