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Illya Gerasymchuk
Financial & Software Engineer

Copper extends its gains to ≈9% on the day, and its appreciating more than gold and silver

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Illya Gerasymchuk

2026-01-29 14:17

Copper extends its gains to ≈9% on the day, and its appreciating more than gold and silver

A week ago I wrote an article explaining why this upwards move in copper (and copper miners!) was imminent, from both fundamental and technical standpoints.

And don't be alarmed by near-term volatility. Keep the macro picture in mind under the lens of liquidity inflow into the commodity sector. I've explained this extensively in my articles. You can read them all on my website for free (there is also an RSS feed you can subscribe to).

Copper extends its gains to ≈9% on the day, and its appreciating more than gold and silver