Copper, famed for tracking shifts in the global industrial economy, is trading like a high-flying tech stock as investors bet that skyrocketing power use for artificial intelligence will fuel a surge in demand.
Copper, famed for tracking shifts in the global industrial economy, is trading like a high-flying tech stock as investors bet that skyrocketing power use for artificial intelligence will fuel a surge in demand.
Rolls of sheet copper at Revere Copper Products in Rome, New York, US, on Wednesday, Aug. 6, 2025. US President Donald Trump went ahead with 50% tariffs on copper imports but exempted refined metals, which are the mainstay of international trading.
Gold declined as traders ramped up bets on Federal Reserve monetary tightening after Governor Christopher Waller warned the Iran war’s energy shock could fuel inflation.
Gold declined as traders ramped up bets on Federal Reserve monetary tightening after Governor Christopher Waller warned the Iran war’s energy shock could fuel inflation.
One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Thursday, Feb. 5, 2026. The reversal came as the stock market was whipsawed by volatility, Bitcoin tumbled and what had been a steep run-up in gold and silver prices abruptly reversed, all of which drove investors into the safety of US Treasuries.
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