%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Commodities analysts at Wall Street investment bank Goldman Sachs (NYSE: $GS ) say that copper is the best metal for investors to own in 2026. In a note to clients, Goldman Sachs named copper its "favourite metal" for 2026. The appeal of the red metal comes from "constrained mine supply growth and structural demand growth from grid & power infrastructure," said the bank. After a broad rally in metals this year, including copper's all-time high price north of $11,200 U.S. per tonne, Goldman Sachs says the set-up for next year is increasingly bullish. The bank lifted its 2026 price forecast for copper to $10,710 U.S. per tonne. The analysts at Goldman say a potential U.S. tariff on the industrial metal "should tighten the market further." At the same time, Goldman Sachs said that it expects prices for aluminium, lithium, and iron ore to fall in the coming year as supplies grow. The bank forecasts that prices for aluminium, lithium, and iron ore will decline 18%, 23% and 17% respectively by the end of next year. For aluminium, Goldman Sachs maintains a 2026 price target of $2,350 U.S. per ton, warning that current prices "incentivise too much new supply (particularly from Indonesia) relative to demand." Goldman Sachs concludes its note to clients by telling investors to "go long copper."