Mining Stocks Surge as Copper and Silver Drive Strongest Rally in Years
Wall Street fund managers are aggressively increasing exposure to mining stocks, reversing years of neglect. The sector's resurgence is fueled by exploding demand for industrial metals—copper up 50% this year—against constrained supply chains. These materials now underpin critical technologies from EV batteries to AI data centers.
"Mining stocks have transitioned from defensive plays to essential portfolio anchors," says Dilin Wu at Pepperstone. The sector uniquely captures both monetary policy shifts and geopolitical uncertainty. European funds now hold a net 26% overweight position, the highest in years.
Unlike traditional cycles, copper and aluminum have become long-term structural bets. Investors consistently buy dips, recognizing their role in energy transition infrastructure. Even gold maintains momentum as a hedge against Federal Reserve policy and global tensions.
