Copper Dec 25 (HGZ25) Futures: Record Highs, Supply Squeeze and 2026 Price Outlook (5–7 December 2025)
Copper’s December 2025 futures contract on COMEX (symbol HGZ25, often quoted as Copper Dec 25) is trading just below record territory, with prices around $5.38 per pound at the close on Friday, 5 December 2025.Investing.com+1 A powerful mix of tariff fears, mine disruptions, AI‑driven demand and aggressive bank forecasts has pushed copper – and especially the Dec 25 contract – back into the spotlight for traders watching commodities into year‑end. Below is a news‑style deep dive into what happened between 5–7 December 2025, what the latest forecasts say, and what it all could mean for Copper Dec 25 futures. Key