Copper prices surged back after a steep two-day drop that nearly erased gains from record highs. The rebound coincided with easing pressure across other base metals, particularly silver and gold, which had led the broader metals selloff earlier in the week.

The swing reflects renewed investor confidence amid speculation that global economic concerns may be overblown. Copper, often seen as a barometer of industrial health, is highly sensitive to shifts in China's demand, which accounts for more than half of global consumption. Traders are closely watching Chinese stimulus measures and manufacturing data.

Market watchers expect volatility to persist as central banks reassess monetary policies. Analysts suggest that while short-term fluctuations are likely, long-term copper demand remains strong due to green energy infrastructure investments. Investors should monitor upcoming US jobs data and Fed policy signals for further direction.