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Copper tops 12.5% YTD rise, mirroring AI stock gains

Copper has gained 12.5% since the start of the year, while Nvidia and Broadcom are up roughly the same amount over the same period.

Reported · Written up by our desk · Industrial Metals

Copper prices have been climbing in lockstep with parts of the AI trade, with the metal up 12.5% since the start of the year.

MarketWatch notes that Nvidia and Broadcom have risen by around the same amount during the same period.

The outlet frames copper as a proxy that is shadowing moves in AI hyperscaler-linked stocks, even as investors weigh whether to wait for a dip.

Latest closeCopper $6.367 ▲2.1%

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