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macroJul 20, 2026, 10:41 AM

Aluminum Could Be Next Scarcity Trade as Market Tightens

While gold and copper dominate headlines, aluminum is showing signs of a structural supply squeeze that could make it the next big scarcity trade.

Market attention has focused heavily on gold and copper, but a lesser-discussed metal may be poised for a major move. According to a market observer, aluminum is quietly entering a period of rapid tightening that could evolve into a structural supply deficit.

Unlike gold, which has already had its moment in the spotlight, and copper, which is increasingly crowded, aluminum appears to be setting up for a larger surprise. The reasoning? Beneath the surface, supply constraints are accelerating, potentially creating a scarcity trade that few are currently positioned for.

Source: FXStreet Forex News