Can Copper Continue to Outperform Gold Presented by CME Group
Bloomberg Televisionยท2025-07-31 18:45
Can copper prices continue to outperform other commodities. Well, copper's future depends on a few things. First, people's preferences for electric vehicles relative to combustion engines.In the last few years, EV sales have been soaring and this has supported copper. If that continues, copper can outperform. Number two, artificial intelligence.Generative AI is creating a tremendous amount of demand for electricity. Demand for electricity related to data centers has gone from 2% of electrical demand in 2018 ...