Base Metals Preview: Copper spikes more than 3% in Asia
26-Dec-2025
09:43
COMEX Copper futures are witnessing excellent uptick amid record spikes in metals. Firm equities and weak US dollar are pushing the metal up in thin year end trades. COMEX Copper futures are up 3% at $5.75 per pound right now. Copper has rallied by more than 40% this year, poised for the biggest annual gain since 2009, driven higher by rising tech demand, supply constraints, and tariff uncertainty. LME Global copper prices officially surpassed $12,000 per ton on the London Metal Exchange this week for the first time ever and continued to march higher thereafter.
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