Copper Prices Soar: Is it the New Silver? Global Demand Outstrips Supply

• Copper prices are experiencing a strong rally due to tight supply and increasing global demand, particularly from clean energy and infrastructure projects.
• Last year, copper prices surged by approximately 60%, driven by electric vehicles, renewable energy, and grid expansion, with limited supply growth.
• Supply-side issues, including underinvestment in mining, disruptions at major mines, and declining ore quality in top-producing countries like Chile and Peru, are exacerbating the price increase.
• New US import tariffs and increased investor interest in copper as an inflation hedge are adding further upward pressure on prices.
• Indian investors lack a Copper ETF due to limited retail interest and practical challenges like storage costs and the absence of a strong retail investment ecosystem, unlike gold and silver.

Why It Matters: Copper prices are surging globally due to high demand from green tech and limited supply, making it a lucrative investment.