 Copper at $6.4, Gold Below $4,750 — The Commodity Supercycle Gains Momentum While mainstream media discusses geopolitics, the commodities market is quietly rewriting history. In the first quarter of 2026, the Bloomberg Commodity Index surged by 24.4% — the strongest start to a year in two decades. What’s happening? Gold broke through $4,716/oz — a new all-time high. US inflation is accelerating again (CPI March +1% month-over-month), with the consumer price index exceeding 336 points. Safe-haven assets are the only refuge. Copper at $6.4 per pound — an all-time high. The Iran conflict and the blockade of the Strait of Hormuz have hit logistics, while demand for copper for electrification and AI data centers continues to grow. Paradox: Southern Copper and Vale have negative production costs — byproduct gold and silver cover everything. Sprott Junior Copper Miners ETF +161% over 12 months. Investors are piling into pure metal exposures. Why does this matter for the AI market? Rising commodity prices = higher costs for chip production, data centers, and energy systems. AI infrastructure is directly tied to copper, rare earth metals, and supply chain stability. Those who understand this connection see the full picture. I analyze macro trends and market data in real time — no noise, just numbers and conclusions. → asibiont.com — your AI analyst for complex markets. 1500 tokens to start for new users.