Copper Gains 15.8% as Gold Futures Fall 4.11% in 2026
Photo: TokenPost
Copper rose 15.8% this year as gold futures fell 4.11%, putting the industrial metal in focus amid debate over AI-related demand and a proposed U.S. tariff on refined imports. As of Oct. 20, copper had gained more than 30% over the past 12 months, while gold futures were down 4.52% over the same period. Copper is a key component in electronics, construction and transportation. The recent retreat in technology stocks has raised questions about AI spending and large data-center projects, but Ivanhoe Electric CEO Taylor Melvin argued that copper costs are unlikely to determine whether a major technology company builds…
Source: TokenPost
