Copper Prices Soar Amid AI Boom and Tariff Uncertainty

Copper prices have reached record highs due to the combination of an AI boom and uncertainty surrounding tariffs.

The surge in demand for copper, a crucial material in the production of electric vehicles and renewable energy systems, has driven up its price.

As major countries impose tariffs on imported goods, the cost of raw materials like copper has increased, further contributing to its record-breaking value.