[Brief] Copper Outperforms Gold in 2026 as AI and Grid Demand Redefine Strategic Metals
Copper is up 15.8% year to date and more than 30% over the past 12 months, while gold futures are down 4.11% and 4.52% respectively over the same periods. Investors attribute the shift to AI, grid and defence demand, tight supply and US tariff-driven stockpiling.