GENERAL10 Sept 2026
Is copper a new gold? Experts unveil this strategy to make money | Stock Market News
Copper prices hit record highs in 2026, with London Metal Exchange copper touching $14,737 a tonne in September, up nearly 50% in a year. On Thursday, prices fell almost 3% to near ₹1,378 per kg after the White House delayed its decision on import tariffs. If your business buys copper, expect cost swings and plan purchases ahead.
Key Statutory Highlights
- LME copper touched a record $14,737 a tonne in September 2026, up nearly 50% over the past year.
- Comex warehouse copper inventories climbed to a record 696,259 tonnes as traders positioned for possible US import tariffs.
- Strong demand from the energy transition and the artificial intelligence boom, plus mine accidents in Africa, kept supplies tight.
Actionable Advice for Taxpayers / Founders:If copper is a key input for your business, review your purchase contracts and stock cover with your finance advisor, since prices can swing sharply on US tariff news. Treat any price view as an estimate, not a certainty.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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