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Cu Prices Expected to Peak at USD 10,050/t in August: Goldman Sachs
The Daily Guardian
|June 27, 2025
Copper prices are expected to surge in the coming months, with a peak forecast to USD 10,050 in August, according to a recent report by Goldman Sachs.
The sharp rise is mainly driven by two key factors: a tariff-driven reduction in copper stocks outside the United States, and positive sentiment around China's economic activity.
The report said, "We expect the copper price to rise to a peak for the year of USD 10,050 in August due to (1) the tariff-driven reduction in ex-US stocks".
Bu hikaye The Daily Guardian dergisinin June 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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