Copper is no longer just a traditional metal. It has become a strategic resource for the next generation of technologies.
The recent surge in copper prices reflects complex dynamics that are both extraordinary and structural: supply and demand pressures from the Middle East conflict, operational constraints in major producing countries and accelerating demand driven by AI and electrification as a whole.
The Bank is honoured to support Paul Muller, a second-year medical student at the University of Geneva, in his Ironman challenge to fight childhood cancer.
Paul will compete in this year's IRONMAN Nice on 29 June, a legendary triathlon featuring 3.8 km of swimming, 180 km of cycling and a 42 km full marathon. His goal? Raise CHF 50,000 for the Geneva-based CANSEARCH Foundation, which funds vital research in pediatric oncology.
This inspiring initiative reflects values we strongly believe in: commitment, determination, solidarity, and pushing boundaries. We are proud to stand by Paul on this exceptional human and athletic journey!
Despite headwinds: tariffs, export controls and valuation concerns, US mega-cap tech is holding strong. Microsoft, Meta, Alphabetand NVIDIA continue to deliver, powered by AI-led innovation and robust cash flows.
When volatility hits, conviction matters! Staying invested in quality tech may still be the winning play.
