Copper's Rally Takes a Breather Copper futures have rallied strongly over the past year, hit record highs, and settled into a ...
The price of copper has hit new highs, with contracts for future delivery tipping over $6.85 per pound on 6 August. Copper traded on the London Metals Exchange (LME) rose to nearly $14,500 per tonne.
Tightening global copper supply, robust demand from the AI boom and uncertainty over tariffs are all whipping up a frenzy for the red metal. It's sending prices soaring to their highest levels ever.
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