India, Jan. 30 -- Copper prices have recently touched record or multi-month highs, and there are questions in global markets about whether these prices will continue to rise or face a fall. The reason for this rise is being attributed to a mix of geopolitical tensions, currency movements, and high investor interest.

At present, copper prices have crossed $14,000 per ton, and in India, it touched around Rs 1,381 per kg on January 30, 2026, touching fresh all-time highs.

The main reason for the rising copper prices is attributed to speculative buying, especially by investment funds in China. Copper is considered a "metal of the future" due to its widespread use in power transmission lines, data centers, construction, and renewable energy ...