Now with a trade war likely brewing between trump and europe, metals are going to continue their rally, no matter if precious or not
Copper Prices Reach Record High Amid Supply Disruptions and Tariff Concerns
Copper prices have surged to a record high of $13,387.50 per ton, driven by strong demand, supply disruptions, and concerns over proposed U.S. tariffs on copper imports set for 2027 and 2028. The rally is fueled by mine disruptions, heavy stockpiling in the U.S., and increased demand for copper in data centers, power grids, electric vehicles, and renewable energy. The U.S. Commerce Secretary is expected to update on tariff decisions by June 30, influencing market dynamics further.
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