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Goldman Sachs: Copper prices are expected to rise to $9,890 in H2 2025
Jun 26, 2025 08:24Source:SMM
On June 25 (Wednesday), Goldman Sachs stated in a report that it expected the average monthly copper prices in H2 2025 to rise from the previous $9,140 to $9,890.
The bank also stated that it expected copper prices to reach an annual high of $10,050 in August, driven by reduced inventory outside the US due to tariffs, as well as relatively resilient market sentiment and economic activity in major consuming countries, and then decline to $9,700 in December.
(Wenhua Comprehensive)
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