Browsing: Copper

Copper is heading for its steepest weekly drop since May, with London Metal Exchange (LME) futures down over 2%. Bloomberg reported that costlier energy and a stronger dollar have clouded the demand outlook. The slide began in the same week Deutsche Bank forecast a rally of about 50% for the metal.  What Pulled the Copper…

Copper futures surged to a historic $6.95 a pound on September 22, 2026, driven by tightening supply, AI demand, and shrinking warehouse inventories, outperforming gold’s flat annual performance.

Michael Burry pivots from the artificial intelligence stock boom to invest in copper mining, highlighting long-term supply deficits and soaring metal futures reaching historic highs.