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flag Copper hit a record high above $13,900 per metric ton in January 2026, driven by a weak dollar, rising demand, and supply concerns.

flag Copper hit a record high above $13,900 per metric ton on the London Metal Exchange, surging 6.2% to $13,934 amid a broader metals rally fueled by a weakening U.S. dollar and rising investor demand for physical assets. flag The move followed strong gains in gold and silver, driven by geopolitical tensions and supply disruptions. flag Despite weak Chinese spot demand and a contango market, copper rose 42% in 2025—the largest annual increase since 2009—supported by mine closures and U.S. stockpiling fears over potential tariffs. flag Other base metals also advanced on both Shanghai and London exchanges.

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