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Goldman Sachs Predicts Copper Price Drop Despite Surging Infrastructure Demand

Goldman Sachs forecasts copper price decline in 2026 despite infrastructure demand surge, with long-term projection of $15,000/ton by 2035 benefiting mining companies like Torr Metals.

This news matters because copper is a fundamental industrial metal essential for electrification, renewable energy infrastructure, and technological advancement. Goldman Sachs' prediction of a near-term price decline despite strong demand signals potential buying opportunities for manufacturers, construction companies, and investors before prices rebound. For consumers, this could mean temporary relief in costs for electronics, electric vehicles, and home wiring, but the long-term projection to $15,000/ton by 2035 suggests sustained pressure on green transition costs. The spotlight on companies like Torr Metals highlights how junior mining firms might benefit from these market dynamics, offering investment opportunities in the supply chain critical to global decarbonization efforts.