Copper price forecast 2025 in copper price forecast 2025

In copper price forecast 2025 discussions, technical charts show support at $4.00/lb and resistance at $4.55/lb. Breakouts above resistance could trigger momentum buying. Seasonal patterns hint at Q2 demand spikes tied to North American construction activity, helping firm prices. Worth noting: The 17-year average development cycle for new copper mines means supply cannot respond quickly to these demand increases, creating persistent deficits. Even though copper may be one of the safer commodities bets owing to staggering demand and low supply, investors should keep in mind the broad economic landscape when entering into a position with a metal whose fortune can change quickly with consumer spending. Market depth analysis shows copper price forecast 2025 order books leaning toward buy-side accumulation, a structural bullish indicator known to precede multi-quarter rallies.