Copper Hits Record in China, Jumps in New York on Supply Concern
Yahoo Finance·2025-12-26 18:52
Bloomberg Copper surged to a record in Shanghai and rallied in New York, adding to substantial annual gains as investors bet on tighter global supplies in 2026, while also pricing in the impact of a weaker US dollar. In China, prices gained as much as 4.7% to trade near 100,000 yuan (5.8075 a pound, the highest intraday level since an unprecedented short squeeze in July. ...