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Copper & nickel see record high this week
Kenneth Hoffman, head of commodity strategy at Red Cloud Securities, joins BNN Bloomberg to discuss precious metals and the demand for copper in 2026.
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From fxleaders.com | Jan 7, 2026
Copper continued a strong rally after breaking through $13,000 per ton for the first time as investors wagered on a tighter market. after capping the biggest annual gain since 2009 on prospects for a tighter market. Three-month futures reached a record $13,387 per ton on Tuesday, up 3.1 percent from Mondays peak. Holdings have moved to the US due to ...
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