*Walter Bloomberg
*Walter Bloomberg|Dec 19, 2025 14:42
COPPER HEADED FOR WEEKLY GAIN ON RATE-CUT HOPES AND TIGHT SUPPLY Copper prices are holding near record highs, supported by expectations of U.S. interest-rate cuts next year and tightening supply. London Metal Exchange futures rose 1.3% to $11,879 per metric ton, putting the metal on pace for a 2.8% weekly gain. Goldman Sachs cites persistent mine supply constraints and strong long-term demand, calling copper its preferred industrial metal and forecasting prices of $15,000 by 2035.(*Walter Bloomberg)
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