Global copper for December delivery has risen 15.8% since the start of the year and more than 30% over 12 months, to $6.4 per pound ($14.1 per kg), while gold futures fell 4.11% year to date and 4.52% over 12 months. Demand from electronics, construction, transport, AI expansion, power grid investment and defence spending is supporting the metal, which Ivanhoe Electric CEO Taylor Melvin says is becoming increasingly strategic for governments and industry. Prices have also been supported by the possibility of a 15% US tariff on refined copper from 1/1/2027, which the US Department of Commerce proposed in 2025 but has not finalised, and much copper is being held in the US. Aberdeen Investments' Iain Pyle called copper the clearest example of supply failing to keep pace with demand, while warning that prices could still fall when tariff announcements are made.
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Original headline: Giá đồng thế giới tăng vượt trội so với vàng năm nay
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Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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