Copper (LME cash settlement) closes above $13,500 per tonne on 31 December 2026 (confirmed by LME closing price or Bloomberg)
Pending
✦ AI-generated prediction
Published on 25. August 2026
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Predicted for 31. December 2026
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Based on: Statistical Pattern
LME copper is trading around $14,640/tonne on 25 August 2026 – an all-time high. COMEX September 2026 futures: $6.64/lb. The market is in significant backwardation (~$370/tonne August-over-September spread) driven by tight LME warehouse stocks and a London bidding war. Copper is already +14% in 2026. AI infrastructure build-out (data centres, power grids) and EV demand keep structural demand elevated. This forecast requires no further gain – only that copper does not correct more than ~8% from its all-time high. No explicit prediction market quotes; model: 70%.
Data basis for this prediction
- MetalCharts: LME Copper Cash ~14.640 USD/t; COMEX 6,64 USD/lb (25. Aug. 2026)
- Mining.com: Kupfer nahe Rekordhoch – London-Lager-Bieterkrieg (Aug. 2026)
- CNBC: Kupfer und KI-Infrastrukturnachfrage – Tarif-Effekte (14. Aug. 2026)
- Trading Economics: Kupfer +14 % YTD 2026, Backwardation auf breiter Front
Note: This is an AI-generated statistical forecast for entertainment and information purposes. It does not constitute investment advice or a recommendation to buy or sell any financial instrument.
Verdict: Pending
This prediction is still open. It will be evaluated automatically against real-world sources after its due date.
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