Record $13,000/Ton Copper Rally and 50% Demand Surge to Boost Sprott Physical Copper ETF
Copper prices climbed above $13,000 per metric ton for the first time after Morgan Stanley identified strong demand drivers from AI and defense sectors. S&P Global forecasts copper demand will rise 50% by 2040 while a 10 million metric ton annual supply deficit underscores long-term upside potential for the ETF.
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