APRIL 29, 2025

Is super metal copper set to replace gold?

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Gold has cultural and economic value, but amid rising gold prices, copper is gaining attention as a strong investment avenue.

Copper has been used since the Indus Valley era, for coins, tools and utensils, making it one of the oldest known metals in India.

Copper from the Indus Valley contained nickel, suggesting trade with Oman. Copper inscriptions from ancient dynasties also provide important historical insights.

From Satavahanas to British rule, copper coins were used as currency, highlighting the metal's historical role in India’s economic system.

Copper is used in utensils, furniture, motors and wires, among others. It is strong, flexible, and is good conductor of electricity and heat.

Copper mixed with tin makes bronze, and with zinc makes brass. These are used in weapons, machines, and other heavy tools.

India has major copper reserves in Rajasthan, Jharkhand and Madhya Pradesh. Globally, Chile and Peru are among the top copper producing countries.

Copper is used in EVs, solar panels and wind turbines. Its role in clean energy makes it known as the ‘metal of the future’.

As gold gets costlier and industries need more metal, copper is now seen as an important part of future technologies.

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