Copper Prices Hit Record High As AI Data Center Boom Fuels Global Supply Crunch, Pushing CPER ETF Higher

Copper futures climbed to a record high above $6.60 a pound early Wednesday as supply disruptions, tightening inventories and booming AI-related infrastructure demand fueled a rally in the metal and the United States Copper Index Fund (NYSE:CPER). The ETF, which tracks the copper futures contracts on the COMEX exchange, surged to a new record high of $40.46 on Tuesday. It has risen 15.7% since …

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