Copper Outlook 2026: Institutional Rotation, Supply Deficits, Technical Analysis

Why is big money shifting from and to , and what the charts suggest for 2026?

2025 marked one of the strongest price rallies in decades for both base and precious metals. Gold and silver kept hitting new highs, but market momentum is starting to broaden: alongside precious metals, large institutional investors are increasing their allocation to copper, a key industrial metal in the era of energy transition and digital infrastructure.

Gold and Silver: Strong Gains, Money Looking for New Opportunities

Throughout 2025 and into 2026, gold prices remained near historic highs, supported by persistent inflation, geopolitical uncertainty, and safe-haven demand. Many large institutions continue to have a positive medium-term view on gold.

Silver…

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