Copper prices set for biggest rise in 15 years
Supply fears and rising demand for renewables push copper alongside gold and silver as a safe-haven asset.
Copper, a key metal for renewable energy and industrial infrastructure, is on track for its largest annual price increase in over 15 years, climbing more than 35% in 2025.
The metal has joined silver and gold as a safe-haven investment amid worries about the falling value of the dollar. Copper's December price topped $12,000 a tonne, marking its biggest rise since the recovery following the 2008 financial crisis.
As posted on X:
"Copper has officially entered a price-discovery phase after breaking decisively above major resistance. This could prove to be one of the most important macro assets of 2026, in my view. Price-discovery moves are often explosive by nature, and I believe that is likely the case here. Game on."
Further reading: Elon Musk warns of industrial risks as silver hits record high.
