economy · resolves 2026-11-16
Will copper prices stay above USD 3.00 per pound on 2026-11-15 despite the AI correction?
86%chance, per Kāla
Why
Base rate: Historically copper has stayed well above $3 / lb (≈ $66 / ton) for most of the past decade, with only brief dips during major economic shocks. Recent evidence shows a modest 2–3 % pull‑back in prices amid AI‑related demand concerns, but prices remain near $14,000 / ton (≈ $7 / lb) and supply‑side tightness (new mine delays, rising energy costs) is keeping the floor high.
Based on 14 dated sources · first forecast 2026-10-20 · 5 updates · locked in and fingerprinted before the answer is known.
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