Copper’s Late-December Breakout Tests Scarcity, Tariffs, And Investor Nerves

Key Points Copper traded around $5.65–$5.78/lb early Friday, with recent prints near $5.78. Supply tightness plus U.S. tariff uncertainty are reshaping flows, while AI-era electrification demand keeps bids firm. Charts stay bullish, but an overbought daily setup leaves the rally vulnerable to sharp pullbacks. Copper started Dec. 26 near record territory. U.S. prices held roughly […]