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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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From invezz.com | Dec 31, 2025
Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009. Copper, often referred to as the “red metal,” has seen a remarkable rally on the London Metal Exchange this year, surging by over 40% and hitting a series of all-time highs in a late-year climb. ...
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 cnbc.com | Dec 31, 2025
Gold and silver prices lost ground on Wednesday as investors booked profits after a historic annual rally and exchange operator CME Group hiked the margins on precious metal futures for the second time in the space of a week. Spot gold prices fell 0.8% to $4,313.59 per ounce at 7:50 a.m. ET, extending losses in the run-up to the new year. The yellow metal ...
