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Copper Prices Hit Record Highs on AI Demand and Tariff Fears

Copper prices reached record highs driven by surging AI data center demand, global tariff uncertainties, and shifting bond market dynamics.

27 Aug, 12:00 — 27 Aug, 12:00
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marketwatchMostly Factual5h ago

Bond jitters, AI demand and tariff threats. Inside the new darling of the hard-asset trade: copper.

Copper just hit a fresh record, while one ETF tracking the metal is up nearly 20% in August and on pace for its best month on record.

By Isabel Wang

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