Goldman Sachs releases a bullish report on Freeport-McMoRan (FCX.US), driven by copper-gold synergy and the AI infrastructure boom
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However, investment institutions including Goldman Sachs generally believe that after a ceasefire in the Middle East, industrial metals such as copper will continue the strong upward trend seen since the second half of 2025, mainly due to expectations of steady global economic growth, as well as AI data centers and electrification trends, which have made copper a “hard demand” metal.
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