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Copper surges in 'unsustainable' rally, joining silver and gold in 2026 metals frenzy
Yahoo Finance· 2026-01-29 22:42
It's not just silver (SI=F) and gold (GC=F) surging to record highs — copper is also ripping to a record as the metals complex continues to be the defining trade of 2026. Copper futures (HG=F) were up as much as 10%, topping $13,000 per ton as supply chain disruptions, trade policy, and quickly growing demand have pushed prices higher. Priced per pound, copper is currently trading near $6.30; a year ago, prices were closer to $4.25. Copper is essential for data centers and the other technologies underp ...