Copper Named New Gold by Putin's Representative
Russian President Vladimir Putin's special representative for investment and economic cooperation, Kirill Dmitriev, believes copper has surpassed gold as a valuable asset. In a recent post on X, Dmitriev stated that 'copper is the new gold.'
The statement comes after copper futures for December 2026 delivery hit a record high on September 22. According to trading data, copper futures were up 2.44% at $6.9275 per pound.