Copper Prices Soar Amid Freeport Mine Incident Raises Concerns Over Global Supply
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2025
0mins
Should l Buy GS?
Source: WSJ
Copper Price Surge: Copper prices increased by 1.1% to $10,432.50 per metric ton, following a nearly 4% rise in the previous session due to supply disruptions.
Impact of Freeport-McMoRan: The surge was influenced by Freeport-McMoRan declaring force majeure on supplies from its Grasberg mine in Indonesia after a fatal mudslide accident.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GS
Wall Street analysts forecast GS stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 831.270
Low
604.00
Averages
951.45
High
1100
Current: 831.270
Low
604.00
Averages
951.45
High
1100
About GS
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Emergency Economic Task Force: South Korean Prime Minister Kim Min-seok announced the establishment of an emergency economic task force to coordinate cross-ministerial responses to the economic impacts of the Middle East conflict, with meetings scheduled twice weekly to ensure effective monitoring of energy, macroeconomics, and financial markets.
- Energy Dependency Risks: With approximately 70% of crude oil and 20% of liquefied natural gas imported from the Middle East, prolonged disruptions in energy flows pose significant risks to the economy, prompting the government to implement several emergency measures to mitigate potential economic crises.
- Fuel Price Cap Implementation: In response to soaring energy prices, the South Korean government has imposed a fuel price cap for the first time in nearly three decades, which is expected to lower retail fuel prices by about 8% on an annual average basis, alleviating economic burdens on households and businesses.
- Energy Structure Adjustment: The government aims to increase nuclear power utilization to over 80% and lift the maximum operational limit on coal to address the ongoing energy crisis, with experts urging further diversification of energy sources to enhance resilience against future shocks.
See More
- Lincoln's Leadership: President Abraham Lincoln appointed Gen. Ulysses S. Grant to lead the Union army during the Civil War.
- Total War Strategy: The Union's strategy of total war against the Confederacy is credited with ultimately ending the Civil War after four years of conflict.
See More
- Gold Price Increase: Spot gold prices rose by 2.56% to $4,588 per ounce, with futures also climbing over 4%, indicating a market response to easing inflation concerns.
- Oil Price Decline Impact: Following President Trump's comments about U.S.-Iran negotiations, Brent crude futures fell around 6% to $98.31 per barrel, while West Texas Intermediate futures dropped approximately 5%, reflecting market reactions to geopolitical developments.
- Market Volatility and Rate Expectations: Goldman Sachs noted that the recent pullback in gold prices aligns with historical trends, driven by rising interest rate expectations and market volatility, which have particularly affected gold-backed ETF demand.
- Long-term Bullish Outlook: Despite the recent price correction, Goldman maintains a bullish outlook for gold, forecasting prices to reach $5,400 per ounce by year-end, supported by ongoing central bank purchases as countries seek safer asset diversification.
See More
- Stock Price Surge: Venture Global (NYSE: VG) saw its shares rise over 5% on Tuesday as analysts rushed to raise their price targets, indicating strong market confidence in the company.
- Target Price Increase: Goldman Sachs raised its target price for Venture Global from $15 to $18.50, suggesting that investors buying at the current price of $16.60 could see potential gains of over 11%.
- Optimistic Market Outlook: Morgan Stanley is even more bullish, projecting a nearly 33% rise in Venture Global's shares to $22, primarily driven by surging natural gas prices.
- Significant Earnings Potential: Analysts estimate that every $1 increase in natural gas prices could boost Venture Global's EBITDA by as much as $625 million, highlighting its profitability in the current market environment.
See More
- Stock Price Surge: Venture Global's shares rose over 5% on Tuesday, closing at $16.60, reflecting market optimism about its future performance, particularly amid surging demand for liquefied natural gas (LNG).
- Target Price Increase: Goldman Sachs raised its target price for Venture Global from $15 to $18.50, indicating potential gains of over 11% for investors buying at current levels, showcasing analysts' confidence in the company's future profitability.
- Positive Market Outlook: Morgan Stanley is even more bullish, projecting a nearly 33% increase in Venture Global's stock price to $22, primarily driven by soaring natural gas prices, with analysts estimating that every $1 rise in gas prices could boost EBITDA by $625 million.
- Urgent Energy Supply Needs: With rising natural gas prices due to Middle East conflicts, Venture Global, as one of the largest LNG exporters in the U.S., is well-positioned to meet the increasing demand for reliable energy supplies, further solidifying its market position.
See More
- Significant Oil Price Drop: Oil prices fell over 5% after President Trump announced ongoing negotiations with Iran, with Brent crude futures declining nearly 6% to $98.31 per barrel and WTI down 5% to $87.65, reflecting market sensitivity to geopolitical risks.
- Negotiation Dynamics Shift: Trump indicated he had retracted threats to strike Iranian energy infrastructure based on negotiation progress, which could alter market expectations for future oil prices, despite Iran denying direct talks with the U.S.
- Supply Disruption Impact: Goldman Sachs highlighted that the current disruption in oil supplies represents the largest shock in decades, significantly affecting global supply shares and increasing market uncertainty, prompting investors to hedge against potential worst-case scenarios.
- Geopolitical Risk Premium: According to Goldman, short-term crude price movements are driven more by shifts in perceived worst-case probabilities rather than changes in the fundamental outlook, with expectations that flows through the Strait of Hormuz will normalize over a four-week period, further influencing oil price trends.
See More










