Bond jitters, AI demand and tariff threats. Inside the new darling of the hard-asset trade: copper.
AI Summary
Copper prices have surged to an all-time high, driven by global demand fueled by artificial intelligence and infrastructure projects, while tariffs and economic uncertainties add to its allure among hard-asset investors. An ETF tracking copper is experiencing its best month ever, up nearly 20% in August. This boom underscores copper's critical role in modern technology and industrial applications, making it a key player in current market dynamics amidst geopolitical tensions and economic shifts.
Original Source
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