Goldman Sachs: Maintains its December 2025 London Metal Exchange copper price forecast at $9,700/ton; adjusts the baseline forecast for U.S. copper import tariffs from the previous 25% to 50%. We believe the risk of copper prices exceeding $10,000 in

2025-07-09

Goldman Sachs: Maintains its December 2025 London Metal Exchange copper price forecast at $9,700/ton; adjusts the baseline forecast for U.S. copper import tariffs from the previous 25% to 50%. We believe the risk of copper prices exceeding $10,000 in the third quarter has been reduced.