Can Copper Continue to Outperform Gold Presented by CME Group

Demand Drivers for Copper - Electric vehicle adoption continues to support copper demand, outperforming other commodities if EV sales keep soaring [1] - Generative AI is creating significant electricity demand, impacting copper demand [2] - Data centers' electricity demand has increased from 2% in 2018 to 5% currently and could reach 7% to 12% of total demand [2] - Decreasing prices of solar and wind energy could further increase copper demand [2]