According to CoinMeta, copper prices rose to around $6.90 per pound on Thursday, hitting a record high. This increase occurred against a backdrop of complex economic growth prospects. Copper is known as a "barometer of economic health," but current prices reflect multiple factors such as tight supply and demand, heavy investment in power grids, uncertainty surrounding U.S. tariffs, and rising demand for electrification. Analyst William Osnato stated that the rise in copper prices is mainly due to demand from data centers and power grids to support the rapidly developing AI industry. At the same time, copper supply is limited, with high mining costs, and it usually takes about 10 years to build new mines. Michael Widmer, head of metal research at Bank of America, pointed out that the increase in copper prices is not driven solely by demand but also by weak supply growth and supply disruptions. Chile, as the world's largest copper producer, has recently seen its mining operations affected by bad weather.