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Goldman Warns on Copper as Iran War Threatens Global Economy

Apr 07, 2026 03:29 UTC

Copper wires at a wholesale metal market in Mumbai, India, on Thursday, Jan 8, 2026.

  • Copper wires at a wholesale metal market in Mumbai, India, on Thursday, Jan 8, 2026
  • The race for artificial intelligence and surging defense spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global
  • Photographer: Dhiraj Singh/Bloomberg

Copper wires at a wholesale metal market in Mumbai, India, on Thursday, Jan 8, 2026. The race for artificial intelligence and surging defense spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global. Photographer: Dhiraj Singh/Bloomberg

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