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China’s Metals Mania Sends Copper Soaring as Gold Falls From Record High

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January 29, 2026

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Copper surged by the most in more than 16 years after a wave of buying from Chinese investors, with prices gaining as much as 11% to trade above $14,500 a ton for the first time ever. Bloomberg's Mike McGlone joins to discuss with Paul Sweeney and Scarlet Fu.

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China’s Metals Mania Sends Copper Soaring as Gold Falls From Record High · Bloomberg Television · Sentinel