Copper prices on Tuesday rose to a near six-week high, supported by fresh demand and optimism over the potential for imminent U.S. interest rate cuts.

JPMorgan expects copper demand to soar, driven by EVs and evolving supply dynamics by 2030. Analysts warn of near-term risks but maintain bullish long-term outlook for copper and related ETFs. Don ...

In the near term, copper’s ability to serve as an indicator of economic health has been disrupted by Trump’s changing tariff policies and the global trade war, Scott-Gray told MarketWatch.