Copper hits record high as U.S. tariff and supply worries lift miners
Copper prices hit a record high Tuesday amid concerns over potential U.S. tariffs and supply problems, alongside strong demand for AI data-center infrastructure, lifting related mining stocks.
Mining stocks have climbed sharply, but the strongest gains are being driven by copper rather than gold. S. tariffs and supply disruptions, with demand also being supported by insatiable appetite for AI data-center infrastructure.