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Copper's ascent above $14,000 creates investor dilemma
Copper's red-hot run to above $14,000 a metric ton on Thursday leaves investors facing a decision over whether or not to chase the market higher. Benchmark copper on the London Metal Exchange jumped 11% to a record $14,527.50 a ton in a rally fuelled by speculators, with momentum spurring yet further buying. It was the biggest one-day gain for LME copper since November 2008, which traders said was fed by short-covering. Those bearish investors were caught out, having expected a pullback after warnings that high prices were not sustainable due to high inventories and weak physical demand. But many funds remain ... (full story)
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From msn.com | Jan 29, 2026
Copper's red-hot run to above $14,000 a metric ton on Thursday leaves investors facing a decision over whether or not to chase the market higher. Benchmark copper on the London Metal Exchange jumped 11% to a record $14,527.50 a ton in a rally fuelled by speculators, with momentum spurring yet further buying. It was the biggest one-day gain for LME copper ...
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From beemarkets.com | Jan 29, 2026
Copper surged by the most in more than 16 years, after a wave of buying from Chinese investors triggered one of the most dramatic moves in the market’s history. Prices gained as much as 11% to trade above $14,500 a ton for the first time ever, before a sharp retracement on Thursday afternoon. The industrial metal, which is used in almost every electrical ...
