Copper Hits $12,000 for First Time as Tariff Trade Upends Market

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Copper has reached a record high of $12,000 a ton due to mine outages and trade disruptions caused by US tariffs, setting it up for its largest annual gain since 2009.

Market Impact

Market impact analysis based on bullish sentiment with 84% confidence.

Sentiment
Bullish
AI Confidence
84%

Article Context

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Copper hit a fresh all-time high above $12,000 a ton as severe mine outages and trade dislocations linked to US President Donald Trump’s tariff agenda put the crucial industrial metal on course for its biggest annual gain since 2009.

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Original article published by Bloomberg on December 23, 2025.
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