Copper Prices Soar to Record Highs
Update: 2025-12-26
Description
Copper prices soared to record highs in Shanghai and New York this week, driven by demand from the global energy transition and supply shocks. Precious metals also hit all-time highs in a year-end rally. Copper, up over 42% in 2025, faces potential shortages due to a flood of metal into the US and a recent slump in the dollar. The London Metal Exchange reopens Monday, with the rally expected to continue into 2026.
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