Copper leads metals rally on supply fears and green energy demand

Copper prices surged more than 35% in 2025, marking the largest annual increase in over 15 years as global supply concerns intensify amid booming demand from renewable energy and electrification sectors. Alongside copper, precious metals like gold and silver also climbed to multi-year highs as investors sought hard assets amid market uncertainty.

Silver briefly surpassed the $80 mark for the first time before staging a sharp reversal in overnight trading. The metal's price surge was driven by speculative interest and safe-haven demand. However, profit-taking quickly set in, leading to a pullback from the new highs.