Copper hits $11,000 a ton for first time since May 2024

Investing.comThursday, October 9, 2025 at 1:49:24 PM
Copper hits $11,000 a ton for first time since May 2024
Copper prices have surged to $11,000 a ton for the first time since May 2024, marking a significant milestone in the commodities market. This increase reflects growing demand and supply constraints, which could have a positive impact on various industries relying on copper, such as construction and electronics. Investors and analysts are optimistic about the potential for continued growth in this sector.
— via World Pulse Now AI Editorial System

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Goldman Says Copper’s ‘Breakout’ Above $11,000 Won’t Last
NegativeFinancial Markets
Goldman Sachs Group Inc. has expressed caution regarding the recent surge in copper prices, stating that the breakout above $11,000 per ton is unlikely to be sustained due to sufficient supply to meet global demand. This perspective highlights the volatility in the copper market and the potential for price corrections.
Here’s how BofA expects copper prices to evolve in 2026
NeutralFinancial Markets
Bank of America (BofA) has projected how copper prices are expected to evolve by 2026, reflecting the bank's analysis of market trends and economic indicators. This forecast is part of BofA's broader market outlook, which includes various commodities and currencies.