Glencore’s share price has surged more than 20% this year, driven by soaring commodity prices and potential merger with Rio Tinto. Investors are eyeing gold, silver, and copper prices, with Glencore’s diverse portfolio benefiting from the current market conditions. Analysts suggest Glencore may capitalize on high copper prices by restructuring its base metals business.

Despite the uncertainty surrounding geopolitical events and commodity demand, Glencore’s stock is currently fairly valued and trading above its fair value estimate. With shares trading around £4.96, there may still be room for growth. Analysts believe Glencore will continue to be a key player in the business landscape in 2026.

Read more at Morningstar: Glencore Share Price Is Up 20% in 2026: Should Investors Buy Now?