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Goldman, Citi Bullish on Copper Amid Supply Woes

Goldman Sachs and Citi remain optimistic about copper prices amid supply pressures, raising forecasts. Learn how tight supply and AI demand impact the market.

Copper is a linchpin for green energy and AI infrastructure, and the bullish forecasts from Goldman Sachs and Citi signal that supply constraints will likely drive prices higher. For investors, this means potential gains in copper-related stocks and commodities. For industries reliant on copper, such as electronics and construction, rising costs could squeeze margins. The tight supply also highlights the urgency for new mining projects, which can take years to develop, impacting global supply chains and economic growth.