Global interest in copper is growing as an essential industrial metal that combines high efficiency with an affordable price, leading some investors to consider it an alternative or complementary investment option to gold and silver. Thanks to its high electrical conductivity and lower cost compared to silver, copper is emerging as a pivotal component in modern industries, especially in the renewable energy and advanced technology sectors.
Copper is ranked among the best conductors of electricity after silver, but its price is much lower, giving it a competitive advantage in large-scale industrial projects. This equation – strong performance for lower cost – has contributed to high demand globally, driven by the expansion of clean energy projects and the modernization of electrical infrastructure.
In the Lebanese market, pure copper bullion is offered at prices around $28 per kilogram, a level that is within reach of a wide segment of those wishing to diversify their investments in metals. With increasing talk about the future of green energy, copper is today being marketed not only as an industrial material, but also as a long-term savings option, especially in light of expectations of increased global demand in the coming years.
The momentum around copper is linked to several factors, most notably the rapid growth in the electric car industry, which relies on large quantities of it in engines and charging systems, in addition to solar and wind energy projects that require broad and efficient connection networks. Plans to modernize electricity networks and digital infrastructure in many countries enhance its position as a strategic mineral in the global energy transition.
In conclusion, copper appears to be consolidating its position as one of the main metals in the next economic phase, combining the industrial and investment dimensions. As the shift towards a green economy and the expansion of modern technologies continues, the trend of global demand remains the primary factor in determining the path of its prices in the coming years.
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