Commodity Radar: Supply crunch, AI-led demand fuel copper’s record rally. Do current levels offer favourable risk-reward?
By TodayTelugu Desk1 min read0 views
Copper prices surged to record highs globally, with MCX copper rising 1.3% amid supply disruptions and strong demand from electrification and AI-linked sectors. Analysts cite tightening supply chains and geopolitical tensions as key drivers. Despite a recent pullback, technicals and fundamentals suggest continued bullish momentum with dip-buying opportunities.
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