Gold, silver, and copper prices surged to new heights, with gold hitting $4,650 per ounce and silver surpassing $91 per ounce. Analysts predict gold could reach $5,000 and silver $100 in the next few months. The rally is fueled by geopolitical tensions and supply deficit concerns, boosting silver 20% this year.

Copper prices hit records above $6 per pound in the US and over $13,188 per ton in London. Concerns over potential import tariffs from the Trump administration led to a rush in shipments to the US, squeezing global supply. Goldman Sachs warns of a pullback in the coming months, anticipating a delay or cancellation of the refined copper tariff decision.

Read more at Yahoo Finance: Gold, silver, copper surge as explosive rally sweeps over metals market