Copper's turn after Silver?

So, Silver's been getting a ton of hype lately, and it got me thinking... could Copper be the next one to rise? Sure, Silver's a precious metal and Copper isn't, but Copper's got its own game going on, especially in electronics where it’s pretty much a staple, just like Silver. That usefulness should mean Copper has some long-term value, right? If that's the case, what do you guys think Copper's future looks like? How high can it go in, say, a year? Right now, it's sitting at around $5.84 per pound, but I could see it hitting $10 per pound easily. What do you think?

i think silver gained attention because of green energy initiatives around the world silver is used in solar panels and therefore people though that more solar panels = more silver used but copper usage is 100x more than silver in any electrical component for ex. wires, electrical grids, ev vehicles, solar, transformers etc. so, yeah, ur right, copper is the next best thing, definitely worth having in one's portfolio

Copper has been on an uptrend for years since Electric Cars have been on the rise. The alternative for Copper is Aluminium to lower down the the components like Electric Motors, Windings, Wires for ages. Carbide is gaining traction with 30% in the 1M Trend FY25, which is notable a key component in industries.

The price of copper will move sluggishly but the store of value is there. In the next 10 years, it can not move more than 1.5x just as it has moved in the last 10 years. As for me I will prefer to just buy gold instead. In fact, I prefer gold than silver but some people like to diversify and which is not bad at all. All I know is that copper price increase can be very slow but its price will not decrease after a long time.

2025 is the year of metallic assets. Not only did gold and silver see strong growth, but platinum, palladium, and copper also experienced significant increases. Among them, copper is perhaps the metal with the most modest growth, increasing by only about 40% this year, while other metals have all increased by more than 100% (gold increased by 70%). Therefore, speculating on copper at this time isn't a bad idea, but I think we shouldn't expect it to grow as strongly as silver. Because their supply and demand are different. The demand for silver comes not only from the technology and green energy sectors, but also from central banks stockpiling it as a safe asset. That's something copper can't achieve, so I wouldn't set my expectations too high for copper and hope it will grow like silver.

Copper as an asset is already valued at 4x the market cap of silver. I think it either needs to fall or we need to see $200/oz silver in the not too distant future.

I think $10 in a year is very ambitious; that's almost a 50% increase. Copper isn't a precious metal like gold and silver, which physically serve retail demand. We'll likely need massive industrial growth to absorb the supply. Even considering today's tight market, a realistic figure is only $6 for the next year.

The reason gold and silver are skyrocketing is the relative scarcity, which is related to mining volumes. Copper is much more common so might see some kind of trend upwards, but it has to be driven more by industrial demand for it rather than retail or government demand which is driving the others. Be careful associating trends to new things without understanding the reasoning behind it or the scarcity of a comparative object. There is a lot more copper around and it definitely has value, in fact is notorious as a target for thefts - how many times have you heard of empty buildings being targeted to be stripped of copper. However it is much more abundant and being mined on much bigger scales than the other two, which are sometimes actually a byproduct of copper extraction.

I am pretty glad i bought them cheap ounces when the price was below $30/ounce. Feels good man. Now Imma lightin my cigar and enjoyin tha ride. It doesn’t make much sense to add more to my stash from these prices somehow though. (No bulk buys at least) It seems the silver price will keep rising. It feels just like the odl bitcoin days. It keeps going up and up. Silverbacks deserved this prize. We have waited so long for this. I am not selling any till an ounce hits $500 i know that much. If it doesn’t and goes down? Fine, i’ll add more, slowly. It is silver in the end. The second most famous precious metal in the world. Who cares if the price goes down, it is still silver. I haven’t been paying attention to copper but I am pretty sure it will also make its investors pretty happy. The dollar is dying folks. Stick a fork in it.

It depends on how longs going to the moon takes. You could expect copper to hit $10 per pound within a year, and instead it takes 5-10 years to do so despite it being popular in the electronics industry Why precious metals like Silver and Gold beat the likes of copper is because of, supply and demand. I believe copper is still in vast amounts and still matches up the current demand.

It seems that there's a pattern from these precious metals and minerals that are important to humanity. It's possible that copper's next with the AI emergence and the need for its components to build chips, gpus and cpus. The semiconductor industry is also being tagged along by US and China and they're in a hurry in it because they know how it will play an important role for the next economic war that they're a part of.

I don't know if silver will reach $500 in the future, but given the current supply shortages for various reasons, while demand is very high. I wouldn't be surprised if the price of silver reached $150-$170 in the next few years. Given current demand, the growth potential for silver is enormous. The price of silver will certainly continue to rise. Therefore, I think that OP, or anyone planning to diversify their investment into metals, should consider investing in silver as it remains safer and has better prospects than copper or base metals. Regarding silver, I believe the price will soon correct to the $50-60, and I think that would be a good time to buy more.

These precious metals are of course valued according to how they're treasured with their utility cases. We've also been talk less about diamond because it has reached to the very less liquidation and instead of being admired as a value for investment it's more coronated as store of wealth. Gold is now at the top leading when it comes to demands for store of value due to its high liquidation then followed by silver. So you see how average attentions is being diminished towards diamond which means as time goes by in the future, we never can tell if golds liquidation will also become low and silver will take the position. Probably then copper can move in too as a top trending precious materials for investments because it also has it durability as industry material.

Your reasons are good, we all know that even if copper isn't a precious metal unlike silver, it still has it's value especially on utility. Because everything that involves electricity, renewable energy, electronics name them, they all depends on copper. Looking from the brighter side, as the world now is dealing or is going into technology there is a high chance that the demand of copper can rise and reaching $10 per pound in a year is can still be ambitious, but in a long run it can be impossible If the supply is firm and the demand proceed to grow. Copper you see is not influencial like that of silver the only thing is that copper is hyped based on the real use, and that will make it have strong potential in the future.

copper is not going to the moon.  there is too much of it out there, a lot unutilized.  tons and tons just sitting in junk yards, waiting for price to go up to dumb levels by people foolish enough to think it'll moonshot like pm's do. the millions of tons of e scrap has plenty of copper in it too that people are not really counting.  it's used about everywhere, it IS about everywhere, which is why it's scarcity is not going to go thru the roof driving price with it. nickel on the other hand. btw melt 156pennies down get 326 at the junk yard... food for thought. aaron

Copper may eventually increase in value in the future, but it won't increase as much as gold and silver are doing. Keep in mind copper is way more common and there is more production of copper than there is of silver and gold. For something impressive to happen, it would take a high increase in the demand of electronics, cords or products which have a high percentage of copper in their components. It is very unlikely institutions and people are going to start to stockpile and store copper bars in their homes and vaults, the value of copper comes from it's applications and the use it has, unlike gold which is used in jewelry (nobody uses collars and jewelry made our of copper, after all).

Personally, the trend will be towards gold and silver only in the future. I don't think about copper, although some people will also look at it to buy it.

Wait for the moment silver bugs realize that there is a ton of unmined silver that is just there waiting for the price to increase! There are at least 300k tons waiting for the price to move so the mines become viable, this on top of another 300k that is currently exploited at a pace of some 20k tons a year, combined with the fact that nobody was intensively prospecting for it since we simply had that much of it. Rather than copper following it, it will have more of the fate of lithium, the same case when the markets took a bit to realize that we basically have lithium everywhere!

I'm just wondering what could be the driving force for the surge in silver price because gold have been known for receiving all the attention. Maye the rise in gold may be what is affecting silver just like we have bull season followed by altcoin season in Bitcoin and altcoin respectively. I don't think copper is going to enjoy such momentum because it has little ties to gold.

Watch out before going long Silver. The CME raised the margin requirements on Silver Futures. On Monday, if your margin account does not have sufficient cash to meet the required margin, the position will be closed. Typically, this move marks a sharp price inversion (decline). We will see if the CME is successful in stopping the rally, effectively protecting the shorts.