Mumbai, May 13 -- COMEX copper surged to a record high on Wednesday morning in Asia driven by severe supply shortages, geopolitical tensions in the Middle East, and intense demand for AI-driven data center construction and energy infrastructure. The red metal has been on a relentless rally for the past one week and is currently quoting at $6.65 per pound, up 1.45% on the day. Meanwhile, the major averages on Wall Street climbed well off their worst levels of the day, with the Dow reaching positive territory.
Published by HT Digital Content Services with permission from Capital Market....