Copper Soars Towards Record Annual Gain Since 2009 Amid Supply Bets, Weak Dollar

• Copper is set for its largest annual rise since 2009, driven by expectations that demand for electrification will outstrip supply.
• The red metal has surged nearly 40% on the London Metal Exchange this year, outperforming other industrial metals.
• A weak US dollar, making commodities cheaper for other currency buyers, and strong rises in gold and silver have boosted copper's appeal.
• Traders are exporting copper to the US due to potential taxes, tightening the global market.
• China Securities Co. predicts factors driving bullion's rise will accelerate copper in 2026, citing Federal Reserve easing and tech growth.

Why It Matters: Copper's significant annual surge is fueled by strong demand bets, a weak dollar, and global market dynamics.