Gold prices soared in 2025, but now copper is the metal to watch after surging 35% to $11,771 per metric tonne. Analysts predict a 150,000 ton shortfall in global copper supply this year due to high demand for power grids and electronics.

BHP forecasts a sixfold increase in copper demand by 2050, driven by data center growth and improving living standards in developing economies. Canada’s Sprott Asset Management’s physically backed copper ETF climbed nearly 46% in 2025, mirroring gold’s 60% increase.

Investors are stockpiling copper in the U.S. amid fears of impending tariffs, exacerbating supply challenges and driving prices higher. Copper is considered a safe-haven asset, reflecting investor sentiment on market performance, much like gold and silver.

Experts caution against going all-in on copper, as Goldman Sachs predicts prices will fall in 2026. Diversification with index funds is recommended over heavy investments in single stocks or commodities. For sustainable growth, consider copper-related ETFs or mining companies with copper assets.

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Read more at Yahoo Finance: Copper is on fire, tracking gold as a precious metal hitting record-high values. Should you start investing in it?