CSC: Copper will surely take over from gold and silver, and the market is not yet over

Wallstreetcn
2026.01.11 11:42

On January 11th, CSC analysts Zhou Junzhi and Tian Yunong published a research report stating that the recent performance of non-ferrous metals represented by copper and aluminum has been very strong towards the end of the year, driven by key strategic resource pricing security and unexpected monetary easing in the United States. CSC believes that the essence of the non-ferrous market is the pricing of the global transition between old and new orders, so copper will inevitably take over from gold and silver. The copper market is not yet over, and USD 13,000 is not the endpoint for this round of copper prices, with a positive outlook for copper price odds in 2026. Looking ahead, CSC analyzes that after reaching historical highs, copper prices have entered a technical correction phase, temporarily suppressed by profit-taking and weak realities, but structural demand still provides strong support for copper prices