Gower: Copper Likely to Remain Well Supported

SelfRugger · 2026-02-23T08:09:28+00:00

Copper prices are expected to remain strong, buoyed by a weaker dollar and uncertainty surrounding US tariff policies. Gold and silver also rose in response to these economic factors, following a Supreme Court decision against Trump's trade duties.

SelfRugger

2026-02-23 08:09:28

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Gower: Copper Likely to Remain Well Supported

Bloomberg

Mon, February 23, 2026 at 4:32 PM GMT+9

In this video:

HG=F

-0.28%

GC=F

+1.55%

SI=F

+4.13%

DX-Y.NYB

-0.34%

Copper rose for a second day as uncertainty around US tariff policy and its impact on broader markets drove a decline in the dollar. Meanwhile gold & silver also traded higher over tariff uncertainty. The US Supreme Court ruled against President Donald Trump’s use of emergency powers to set reciprocal trade duties, prompting the administration to roll out an alternative 15% global levy. Amy Gower, Metals & Mining Commodities Strategist at Morgan Stanley spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche.

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