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Touching $10,000 once again! Goldman Sachs sings “Doctor Copper”: Shortage of supply will push copper prices to $12,000 by the end of the year
Copper prices once surpassed 10,000 US dollars per ton, as investors increased their bets on the Fed's interest rate cut, and Goldman Sachs warned that supply pressure would increase.
Copper prices once again surpassed 10,000 US dollars, and Goldman Sachs fanned the flames: there is a risk of “out of stock”
Goldman Sachs raised its target price for Luntong to 12,000 US dollars per ton at the end of the year. Skeptics warned that this round of speculative increases may soon subside.
Is breaking through $10,000 just the starting point? Goldman Sachs raised the target price of copper: the average price will reach 15,000 US dollars next year
① Goldman Sachs raised its year-end copper price target from 10,000 US dollars per ton to 12,000 US dollars per ton, which means another 20% increase from the current price; ② Goldman Sachs also predicts that the average price of copper will rise to 15,000 US dollars in 2025.
Express News | Goldman Sachs raised its copper price target by 20% to $12,000 per ton by the end of the year.
Goldman Sachs: To stimulate supply, copper prices need to rise to 15,000 US dollars
Goldman Sachs raised the forecast value for copper prices this year from 10,000 US dollars/ton to 12,000 US dollars/ton, indicating that copper prices must rise to 15,000 US dollars/ton next year to avoid a supply gap. Goldman Sachs expects the copper density of AI data centers to increase from 25 tons to 40 tons per megawatt.
Hudbay Minerals (HBM.US) was first covered by Jefferies Investment Bank, which gave it a holding rating, with a target price of $13.00.
Hudbay Minerals (HBM.US) was first covered by Jefferies Investment Bank, which gave it a holding rating, with a target price of $13.00.