Copper Prices: Motilal Oswal Predicts Stabilization or Decline After June 2026

• Motilal Oswal's Navneet Damani forecasts a correction or decline in copper prices as supply normalizes.
• Copper prices surged from $8,000 to $14,000 per metric ton due to production issues in major mines.
• Many mines are expected to resume production after June 2026, stabilizing prices around $11,500-$12,000.
• Silver prices, driven by momentum, could see a sharp decline if they exceed $100 per ounce; best case $95, worst case $65.
• Investors should monitor global currency, supply, and industrial demand for copper and silver due to current high prices.