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Silver is joining copper in the AI build-out trade: Chart of the Day
Key takeaways
- Silver futures (SI=F) and copper futures (HG=F) have been rallying hand-in-hand lately, while gold futures (GC=F) have drifted lower.
- The metals market is drawing a line between safe-haven demand and hard-infrastructure demand — and right now the AI build-out is showing up on the copper-and-silver side.
- The metal hit an all-time intraday high Tuesday and has rallied roughly 55% since the March 30 stock-market low.
Silver is joining copper in the AI build-out trade: Chart of the Day Jared Blikre Wed, May 13, 2026 at 5:00 PM GMT+7 1 min read SI=F HG=F GC=F ALI=F Silver is perking up, copper just hit a record, and gold is sitting out the move.
Silver futures (SI=F) and copper futures (HG=F) have been rallying hand-in-hand lately, while gold futures (GC=F) have drifted lower.
The metals market is drawing a line between safe-haven demand and hard-infrastructure demand — and right now the AI build-out is showing up on the copper-and-silver side.
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