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Copper Hits Record Highs on Supply Shortage, US Tariff Uncertainty
Al Jazeera AR·US·2 days ago
Copper prices set new records, surpassing the $10,000/ton milestone from a year ago. Analyst Christian Kopfer warns that copper-exposed companies are 'extremely hyped,' suggesting potential overvaluation. The development signals strong demand or supply constraints, but the warning highlights risk of a correction in copper equities.