Analysts are predicting that the upward trend is far from over. AI and electricity demand are becoming new drivers for copper prices.

According to the Wisdom Financial APP, the price of copper has fallen from the historic high set in July, but analysts warn that this round of increase is far from over. With the continuous surge in demand for artificial intelligence (AI) data centers, power infrastructure, and manufacturing industry, the global copper supply is facing a structural shortage, and the price of copper may rise again.