Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman Sachs says
- Copper has a crucial role in replacing oil with sustainable energy and achieving the goals of the Paris Agreement.
- By 2025, the metal could be priced at $15,000 per ton, a rise of 66%.
- Demand for copper will surge, but the market is facing a supply crunch.
Copper Macro Thread, page-259
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Last
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Change
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Mkt cap ! $69.88M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $105.8K | 784.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 993880 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.5¢ | 71399 | 5 |
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| Last trade - 13.49pm 30/05/2024 (20 minute delay) ? |
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13.5¢ |
Change
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.5¢ | 442964 | ||
| Last updated 12.20pm 30/05/2024 ? | |||||
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