1/1/2026, 9:57:01 pm

Copper poised to lead future base metals surge amid EV demand

Jay Prakash Gupta predicts base metals, particularly copper, will dominate the commodity market in 2026, with copper prices potentially reaching $13,000-$14,000 per tonne. Copper's demand from electric vehicles and energy transition themes will outpace supply, creating a mismatch. Silver may reach $62-$84 per ounce and gold $5,200 per ounce.